Trendline Investor
Trendline Investor

@dmdsplyinvestor

7 Tweets 23 reads Mar 10, 2023
Master the art of trend reversal patterns & protect your hard-earned money!πŸ€“
In this thread, you will learn...
3⃣ Types of TOP REVERSAL PATTERNS...
...that will signal a change in the direction of the existing or predominant uptrend!
Let's go...🧡
Before we start, If you are person who enjoys watching videos for a detailed explanation you can watch this video where I explain everything...
Else, read on... πŸ“š
youtu.be
1⃣ Failure Swing
- Price makes a high & then the next high fails to cross the previous high
- Price now breaks the swing low between the two highs thus signalling a potential sell
- This sell signal indicates a potential change in trend
2⃣ Non-Failure Swing
- Price makes a high, consolidates, rises again to a newer high
- Price falls below the 1st swing low between the two highs thus creating a 2nd swing low
- Price rises again and then falls below the 2nd swing low thus generating a sell signal
3⃣ Double Top
- Price forms similar highs
- Price falls below the swing low between the two highs thus generating a potential sell signal
Easiest pattern to spotπŸ˜ƒ
But, most importantly this is all you need to know to know when to sell & protect your hard-earned money!
If you really want a good playlist on @YouTube to master Technical Analysis checkout mine.
Watch one of the videos in the playlist & then decide if they are good or not πŸ˜ƒ
youtube.com
Learnt something? If yes, pleaseπŸ‘‡
1. Retweet the first tweet
2. Follow @dmdsplyinvestor
3. Subscribe to my YouTube channel for more content! youtube.com

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