As you can see from the image above, this indicator highlights bullish reversal patterns after bearish price movements and
bearish reversal patterns after bullish price movements.
Rather, the low - risk way to sell short stocks and ETFs is to wait for a significant bounce off the lows, followed by a convincing,
bearish reversal pattern or gap down.
A double top is
a bearish reversal pattern.
When prices are showing a strong uptrend,
a bearish reversal pattern can be a good indication that the rally is over and that traders should consider PUT options.
Since the shooting star is
a bearish reversal pattern, bearish MACD divergence can help you to further qualify good setups.
The hanging man is
a bearish reversal pattern that can also mark a top or strong resistance level.
The shooting star is
a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising.
It finds both bullish and
bearish reversal patterns and draws arrow + description on the Metatrader 4 charts.
If
a bearish reversal pattern forms during the bullish trend i.e. doji or refer to other price action strategies on this section, it is therefore a trigger to exit or take profit accordingly.
Bitcoin (BTC) has dropped over 8 percent in the last 24 hours, as was indicated by
the bearish reversal pattern on the daily charts and head - and - shoulders breakdown on the hourly chart.