💰How to Profit From Trading Reversal Patterns 🔙 (Strategies Explained!)

When first developing ones trading strategy some of the most basic patterns that occur every single day in the market can be overlooked. In the never ending search for the most profitable trading strategies traders tend to easily ignore certain ideas assuming they are too basic to work. Trading doesn't have to be complicated, in fact, many of the most profitable strategies used in the market today are also some of the most basic. In this video we dive into Reversal Patterns and how as traders we must not only be able to recognize them but also how we can add this very simple setup to our trading tool box to become a more consistently profitable trader!
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In order to profit from a simple setup like reversal patterns we first must define what a reversal pattern is and when one is most likely to occur. We'll also look at how this simple pattern can be used to identify areas we can exit profitable trades. As traders we must be contently open to change and willing to adapt to every changing market conditions, one way we can achieve this is by having multiple consistently profitable strategies ready to go at a moments notice.

⏳ Outline:

0:00 - Introduction
0:52 - How to identify a reversal before it happens
4:40 - Reversal Patterns can be found in any instrument
7:40 - Trying to pinpoint the "end" of a move
8:25 - Watch for volume spikes!
11:30 - What can we learn for a volume spike?
12:32 - Summary
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Видео 💰How to Profit From Trading Reversal Patterns 🔙 (Strategies Explained!) канала Market Wisdom by TraderTV Live