Price Action basics: Major trend reversal (the setup explained).Price Action basics: Major trend reversal (the setup explained).
Hello traders, today I have decided to make a small educational chart on how to trend infamous pattern major trend reversal.
A bull trend is a series of higher lows and highs, and a bear trend is a series of lower highs and lows. Trading a major trend reversal pattern is an attempt to enter at the start of a new trend, hoping that a series of trending highs and lows will follow.
Enjoy.
Trade safe,
Trader Leo,