Spotting Market Reversal by FrogAlgo

🗣️ Predicting market reversal is one of the most challenging tasks trader are faced with day by day. These indicators and patterns can handle the initial steps for you. Spotting Market Reversal by FrogAlgo 💥

I. The Spotting Market Reversals is made up of two main phases
1) What Indicators for spotting market reversal
a. Oscillator TSI
b. SMAs (20,50,200) and EMA200
c. Coloring Candles

2) Identifying the current patterns in market
a. H Pattern (Double Bottoms) or Inverted H Pattern (Double Tops)
b. SMAs | EMA200 Support or SMAs | EMA200 Support Resistance
c. Gap-Up (Oscillator) or Gap-Down (Oscillator)
d. Side-Way Candles + SMAs | EMA200 Support or Side-Way Candles + SMAs | EMA200 Resistance

II. Spotting Market Reversal consists two parts:
1) Market Reversal (Bottom) for Long :
2) Market Reversal (Top) for Sell :

Explanation:

1) Market Reversal (Bottom) for Long :
a. Oscillator in GreenZone → SMAs | EMA200 Support
https://pbs.twimg.com/media/Fy_uKVoaMAAPxJX?format=png&name=medium

b. Oscillator in GreenZone → H Pattern (Double Bottoms)
https://pbs.twimg.com/media/Fy_uw80aYAA4Lmc?format=png&name=medium

c. Oscillator in GreenZone → Gap-Up (Oscillator)
https://pbs.twimg.com/media/Fy_vTTYagAENRjU?format=png&name=medium

d. Oscillator in GreenZone → Side-Way Candles + SMAs | EMA200 Support
https://pbs.twimg.com/media/Fy_vzoGacAEFjOJ?format=png&name=medium

2) Market Reversal (Top) for Sell :
a. Oscillator in RedZone → SMAs | EMA200 Resistance
https://pbs.twimg.com/media/Fy_wXQcagAAbuVB?format=jpg&name=large

b. Oscillator in RedZone → Inverted H Pattern (Double Tops)
https://pbs.twimg.com/media/Fy_w4NnaYAAE8BM?format=png&name=large

c. Oscillator in RedZone → Gap-Down (Oscillator)
https://pbs.twimg.com/media/Fy_xKimaAAE0OJo?format=png&name=large

d. Oscillator in RedZone → Side-Way Candles + SMAs | EMA200 Resistance
https://pbs.twimg.com/media/Fy_1ZETacAI4Ga8?format=jpg&name=medium