Knowing if a trend is still valid or is beginning to failin the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap.
also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that there's a not so obvious 4 reset wave before the 1, 2, 3 pattern starts again, the trick is check to see if the phase 4 wave causes any of the moving averages to cross/overlap before setting up your 1, 2, 3 move! because if they have crossed or one of them is overlapping the other, this signals the trend is weakening and the market may be looking at beginning a range or and new trend in the opposite direction.
Ribbon
GBPCHF EMA's RIBBON strategy Simple and effectiveGBPCHF
Price has broadly moved above the EMA's ribbon its one of the easy method to predict the trend on September 08 the price felled below the ribbon and the selling happened rapidly. Whenever the ribbon is constricted the trend going to reverse and if the ribbon is widen enough still the upside/Downside momentum is intact
In GBPCHF the ribbon was turned upside and its showing some sign of bullish trend. The price trading around 50% Fibonacci level. We can expect short term downward play before the bullish run. Series of bullish candles are formed n H4 timeframe
The swing target would be 1.20500. Stop lose may placed below the 38.2% Fibonacci level
If you like our work give us a thumbs up. Donating via tradingview coins will make us to provide more valuable ideas