Patterns of possible market correction or reversal 😎

Trend reversal or correction chart patterns announce a reversal of the current trend on the observed chart. The output of the figure is made, theoretically, in the opposite direction to the movement that precedes the formation of the pattern. In an uptrend, a reversal pattern indicates a bearish move. On the contrary, in a downtrend, it announces an upward movement.

It works in all temporalities but, the longer the temporality of the candles, the better the pattern will do and the more effective

https://www.tradingview.com/x/dIEm8ejQ

Note

Rising wedge

Note

Rounding top

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Double bottom

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Ed_Ale

Edrul Alejandro.
Telegram : t.me/EdrAlejo
Instagram : instagram.com/edrul_alejandro/
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Ed_Ale

Edrul Alejandro.
Telegram : t.me/EdrAlejo
Instagram : instagram.com/edrul_alejandro/
Link : linktr.ee/Edrul_Alejandro_

Also on:

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