If you want to understand when a trend is ending and take advantage of it, you need to have a clear trend reversal strategy.
Many traders spend so much time learning how to identify trend reversal, but then they fail.
They think it’s hard and they give up.
What’s the real story?
Identifying a major trend reversal is not difficult and profiting from a simple trend reversal strategy is possible for any trader.
In today’s live trade on our TradingView chart, we have a very great technical setup.
It is slightly compromised by the fact that we’re sitting above a support level, indicated by the Levels and Zones.
This means that the price might find a hard time moving down.
For this reason, we remain a bit generous with our Stop Loss, but apart from that, we trade our trend reversal strategy regularly.