Reversal patterns are very important otherwise a trader can be battered.
But there are some chart patterns that offer a higher probability of getting it right, albeit still with risks but equally with rewards if one trades it well.
We will cover three of the chart patterns that indicate a reversal;
- Island reversal
- Kangaroo tail
- Engulfing candle
They can be used on any time frame and on any tradable instrument with patience being the biggest asset to anybody using them due to their rarity.
View the improve your trading series
Meet the Just One Lap team at these free live events
Click here to meet the Just One Lap team at one of our live, free events.