Reversal Bars ( Basic) 1. Double Bar Low Higher Close ( DBLHC) 2. Double Bar High Lower Close ( DBHLC) 3. Bearish Outside Bar ( BEOB) 4. Bullish Outside Bar ( BUOB) 5. Pinbar (Bearish/ Bullish)
Reversal Bars ( Basic) 1. Double Bar Low Higher Close ( DBLHC) 2. Double Bar High Lower Close ( DBHLC) 3. Bearish Outside Bar ( BEOB) 4. Bullish Outside Bar ( BUOB) 5. Pinbar (Bearish/ Bullish)
Triple Top is a Bearish Reversal Pattern which means the long term uptrend will be switched into long term bearish trend Triple Top chart Pattern means the price with base candles or wicks must touch 3 times in row same level in form of peaks Peak, correction/re-fuel,peak and so on for three times in row These TOPS will become a strong strong resistance line,...
This idea based on one of the simplest trading strategies in the world Trend-Reversal-Alerts-Strategy that I shared recently. Now I want to spread few words about how you should make it perform better with help of buy and sell resistance and I will show you the exact methods. But first, if you still not sure how this strategy tester is actually work you should...