price reversals

Ardubya

Newbie
I'm new, just getting started, and I'd like to get some feedback/opinions on price REVERSALS. Specifically when the price takes a big sudden spike or dip. Has anyone here ever found a good combination of indicators / candlestick patterns / chart patterns that is a fairly good sign that a big move is finally over and the retracement has begun for real? I know it's never a sure thing, that's impossible, but I'd like to hear what others out there use to indicate a reversal. Any input on this subject?
 

Chart_Hopper

Junior member
Personally if price has a sudden movement I look for the gaps it leaves and look for price to fill them in again. Seems price rarely leaves gaps unfilled.
 

iq200

Well-known member
I'm new, just getting started, and I'd like to get some feedback/opinions on price REVERSALS. Specifically when the price takes a big sudden spike or dip. Has anyone here ever found a good combination of indicators / candlestick patterns / chart patterns that is a fairly good sign that a big move is finally over and the retracement has begun for real? I know it's never a sure thing, that's impossible, but I'd like to hear what others out there use to indicate a reversal. Any input on this subject?
Look at Bollinger Std Dev Bands and/or VWAP Std Dev Bands amongst others for reversal.
 
 
Top
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock    No Thanks