Top or Bottom reversal?

There are some patterns that can be used to identify a reversal. But that pattern has to form on a very strong key level so that you can trade that reversal safely.
 
What downtrend said. Also, the larger your time-frame, the more reliable the signal is when you see a reversal candlestick pattern.
 
Picking reversals is not easy but there are many trades that do this. Its easy to pick reversal from a key level when you see a strong reversal pattern.
 
Picking reversals is not easy but there are many trades that do this. Its easy to pick reversal from a key level when you see a strong reversal pattern.

Aisa kai baar ho jaata hai ki markets me is tarah ke changes hote hain ki ham log samajh nahi paate hain jiski wajah se sahi tarah ki trades ko karna bhi hamare liye possible nahi ho paata hai :)
 
Picking reversals is not easy but there are many trades that do this. Its easy to pick reversal from a key level when you see a strong reversal pattern.

It is not necessary that a reversal pattern on a key level will work, but if its worth trading and according to your strategy, then why not, it should be traded.
 
Nothing is certain in forex trading but one should always keep things like this in mind when they notice them.
 
Nothing is certain in forex trading but one should always keep things like this in mind when they notice them.

Forex trading is only going to give us a good income if we are making some efforts and also understand which type of trading is best for us :)
 
Forex trading is only going to give us a good income if we are making some efforts and also understand which type of trading is best for us :)

Defensive approach is much better. If you trade aggressively then you can lose more. So remain a defensive trader and be on the safe side most of the time.
 
Defensive approach is much better. If you trade aggressively then you can lose more. So remain a defensive trader and be on the safe side most of the time.

Yes the best trader is one who knows when s the best time to get out of the trading markets and that will let him do his trades with some profits :)
 
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