DislikedMorning Case from yesterday. One more question if I may. How can I recognize in the early stage that in the moment might be trend reversal? Maybe from to big retracement? EDIT: V formation maybe? {image}Ignored
This is perhaps the most difficult for the trader matter since fractals are intertwined, and what is trend in a given grade level to another is correction.
I personally am guided by the following principle.
"A trend begins with a reverse pattern of the same grade as the trend, and ends with a reverse pattern of the same grade as the trend."
And Yes, your chart show a reversal pattern.
If you perform backtesting manually, will see for yourself.
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