Title: How to Identify the End of a Trend - Valiant Markets
1Valiant Markets
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3Applying Moving Average A moving average is
another basic approach for determining the end of
a bullish or bearish trend. The MA, as you are
aware, is one of the most powerful
trend-following indicators in the world. Moving
averages are classified into numerous categories,
including essential, exponential, weighted, and
smoothed. When you are long or short, an asset,
the moving average can help direct you.
Patterns of Reversal Several reversal patterns
that we have previously discussed can also be
used to identify the end of a trend. The rounded
top or bottom, rising and falling wedges, and the
head and shoulders design are among the most
common patterns. The round top occurs when the
price of an asset increases to a specific level
before gradually declining. It eventually creates
what seems to be an inverted saucer. When the
price of an asset rises, it produces an initial
peak and then falls, forming the head and
shoulders pattern. The worth increases above the
initial height before falling to the initial
support.
4Candlesticks Patterns Short-term traders can
use some of the candlestick patterns discussed in
Forex. The Doji, bullish engulfing, hanging man,
three white soldiers, and hammer patterns are
some of the ways that can indicate the end of a
trend. These candlestick patterns might tell when
a trend is about to finish when employed
correctly. Finishing Up! No approach can teach
you to spot a trend reversal with 100 accuracy.
Instead, you can reach out to Valiant Markets for
the best help. They are among the trading market
experts helping know the trend in the best way.
Refer to their website https//www.valiantmarkets.
com/ for more details!