{"id":4332,"date":"2020-06-05T16:13:55","date_gmt":"2020-06-05T13:13:55","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=4332"},"modified":"2023-08-01T15:05:12","modified_gmt":"2023-08-01T12:05:12","slug":"reversal-patterns-how-to-detect-a-trend-direction-change","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2020\/06\/05\/reversal-patterns-how-to-detect-a-trend-direction-change\/","title":{"rendered":"Reversal Patterns: How to Detect a Change in Trend Direction?"},"content":{"rendered":"\n

Imagine a distinct uptrend that has long been in the market. How do we know when it is over? Or, if a descending dynamics last long, how do we know where it reverses? These are the questions that many traders are perplexed by.<\/p>\n\n\n\n

There is no unique answer to this question. The trend may reverse at any time, so the trader's task is to detect the time and place. There are lots of theories, practices, indicators<\/a>, and other ways of market analysis meant for this.<\/p>\n\n\n\n

Today, I will speak about a classical method of detecting a trend reversal<\/a>. Watching the charts, market players have come to certain conclusions about the laws of price movements. At specific moments, the impulse comes to an end, and the trend changes its direction. Let us have a look at a group of reversal patterns<\/a>, which are likely to precede a trend reversal.<\/p>\n\n\n\n

<\/span>What patterns do we look for?<\/span><\/h2>\n\n\n\n

Before speaking about reversal patterns, a small remark: candlestick patterns may have different names in different strategies and translations; moreover, they may differ slightly in appearance, however, their essence remains the same.<\/p>\n\n\n\n

The main candlestick patterns at the top of the trend would be:<\/p>\n\n\n\n