🔍 One chart will help you understand the key signals of market reversal! Using the combination of K-line patterns and the technical indicator EMA, you can quickly identify trend reversals in foreign exchange and gold trading, helping you seize high-win trading opportunities!
📊 Core knowledge points:
1️⃣ K-line reversal pattern combination
• Bearish Engulfing:
• The second red candlestick completely engulfs the previous blue candlestick,
• Sending a bearish signal, the market may be about to reverse!
• Tweezer Top:
• The upper shadows of the two candlesticks are close in length,
• It implies that the upper resistance is strong and the top reversal is coming!
2️⃣ Combined with technical confirmation:
• EMA Backtest:
• The price fell back to near the EMA, and the trend reversal signal was more confirmed.
• Previous Swing Break:
• The price breaks through the previous high and retests the resistance area,
• Further verification of the formation of a reversal trend.
📈 Trading ideas summary:
1. Trend stage: The initial trend is an upward trend (Uptrend).
2. Reversal signal:
• Bearish Engulfing + Tweezer Top pattern.
3. Confirmation points:
• The price breaks out of the previous high and retests the EMA (moving average).
4. Entry point:
• K-line pattern is formed, confirming the trend reversal, choose to short (Sell).
5. Objectives:
• After a reversal signal, catch the continuation of the down move.
✨ Simple reversal trading techniques for beginners!
• Combine K-line patterns and technical indicators to accurately locate entry points,
• Avoid subjective judgment and improve transaction success rate!
#K-line pattern#Bearish engulfing#Tweezer top#EMA backtest#Trend reversal#Technical analysis#Trading introduction#Financial market#Trading skills#Must learn for beginners
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