All language subtitles for 8. Reversal Patterns

So char patterns, as we know, are designed to tell you, if you are an established trend, that's

key, that there's an established trend either up or down.

And will the trend either continue a continuation pattern, keep going the same direction of the trend?

Let's say it's an upward trend that would keep going upward, things like triangles, rectangles, dead

cat bounces or continuation patterns.

And this upcoming lessons, we're going to talk about reversal patterns where you're not going to continue

that trend.

In fact, you're the trend is now going to reverse.

It's either going to go sideways or completely reversed and go, you know, let's say if it was an uptrend,

it would go downward.

And if it was a downtrend, it would reverse and go upward.

Obviously, we can see that there's a reversal pattern happening.

We might be waiting for that trend to happen and for that reversal to happen.

And then that might be a good opportunity.

Either buy in for a reversal that's going to lead to an upward trend or maybe we're selling at more

of a peak, let's say, to when the downtrend or an uptrend is going to reverse to a downtrend.

So either way, the idea of predicting nature of an indicator is very, very powerful.

So we're going to talk about the election reversal patterns.

The trend are going to is going to reverse.

So as we know, an established trend, there may be a pause in buying and selling.

That's the same with a continuation pattern or reversal pattern.

The trend is starting to lose.

Things seem.

And when you see that reversal pattern that is in the case, the current trend will end and a new one

is beginning.

And so we take appropriate action based on that, depending on which way, you know, the trend was

was headed in the original direction of the trend and it's now going to reverse.

So let's take a look at some of these different types of reversal patterns that we can be watching for.