Forex Reversal Strategies
Reversal trading strategies involve taking trades based on the assumption that a trend is likely to reverse direction. While these strategies can be effective in certain market conditions, there are several limitations to using them: False signals: Reversal signals...
Forex Reversal Strategies
When seeking out a stock that could possibly reverse its direction, search for stocks that have just attained a new record high or low. Additionally, observe at least 5-10 five-minute candles that are all in the same direction. If the Relative Strength Index (RSI) is...