Home » Reversal Patterns

Reversal Patterns

In forex trading, a reversal refers to a change in the direction of a price trend, whereas the reversal pattern is a formation of the support and resistance, reversal candlesticks, and various chart patterns that have or can cause a reversal in the price trend of a currency pair. For instance, in the candlestick analysis, the hammer, inverted hammer, shooting star, and test bar are a few examples of reversal patterns.

Related
Monetary Policy

Monetary policy refers to the actions taken by a nation’s central bank to influence the availability and cost of money and credit to Read more

Kathy Lien

Kathy Lien is an expert in global currencies, author, and Managing Director of BK Asset Management. For retail FX traders back Read more

European Parliament

The European Parliament is the European Union’s law-making body. It is directly elected by EU voters every 5 years. It is a Read more

Open Position

An active trade that has yet to be closed.