How to Recognize Reversals in the Forex Market

Reversal is a form of price change that is permanent. This change can mean a price change from bullish to bearish or vice versa. Generally, changes will take place in the long term and are usually accompanied by a fundamental shift in outlook. Broadly speaking, trading with reversal is one method that is familiar to market participants. However, in reality, many traders find it difficult to determine the reversal point itself. Then how to recognize a reversal in the forex trading market?

Create a Trend Line

Price movements on charts or graphs always form a trend in a time frame. Trend lines can be used to identify and confirm trends. A trend line connects at least 2 price points on a chart and usually extends forward to identify sloping areas of support and resistance. A line with a positive slope that supports the price movement indicates that net demand is increasing.

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