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Key reversal bar

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Key Reversal Bar
{image = key_reversal}
Essentially a Key Reversal Bar is an Outside Bar that has particular properties and most commonly occurs at the end of a trend.

 


Key Reversal Bars can be either Bullish or Bearish depending on the direction of the inbound trend. If the inbound price trend is up, then upon identification of a Key Reversal Bar, taking a short position or selling a long position is recommended.

Key Reversal Bar
Very clearly the two examples in the center of the chart were excellent. However, the other two examples failed miserably. Is there any filter we can add to make this type of trade safer? Yes with The Stocastich oscillator.
Pairs:all ...

See also: Short, Long, Point, Bar, Resistance

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