Spotting a Reversal
As you see we we're in a Uptrend, creating Higher Highs & Higher Lows. Then towards the end of the trend you see we tried to create another HH but were unable too, this is a great indicator that a reversal may play out.
I labeled the Retest, then placed a Trade there as we hit our lower resistance mark & got a Winning Trade.
If you do your own Research & put together a Trading Strategy, you can become Successful.
I labeled the Retest, then placed a Trade there as we hit our lower resistance mark & got a Winning Trade.
If you do your own Research & put together a Trading Strategy, you can become Successful.
Penafian
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