Profit from Trend Reversal Patterns!
Technical analysis is an interesting study that requires analyzing chart patterns which help decode the underlying market trend and behaviour. Any trader or an investor will agree that one of the most important things while studying charts in particular and markets in general is to identify whether the ongoing trend is going to continue or reverse. Huge amount of money can be made or losses averted by identifying early if the underlying trend is getting reversed. Says Pralhad Dhamne, who has been trading in markets using technical analysis, “Chart patterns can be classified into continuation patterns and reversal patterns. Reversal patterns tell us that an important reversal in the trend is taking place. Reversal patterns take much longer to form than continuation patterns. I have personally profited by focusing on reversal patterns.”
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