How to Spot Trend Reversals Using Powerful Indicator Combination Part 2

I am beginner and IAM doing great with your class . Well explain

👌

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Outstanding explanation and the Best you are in every video Teaching, Many thanks

I tell how to play...v have to wait for the candle to touch 20 sma, if it reject the 20 sma after touching than to exit ..if it cross the 20 sma and sustain than surly the trend will continue and will touch lower band..probability is around 85%

Nice knowledge sharing...plz keep it up ❤❤❤

very Nicely explained in simple but effective words

That means market trends & price - indicators, all are probality. So what can we do?

We can use RSI instead and with a concept called failure swing top and failure swing bottom, which confirms trend reversal 70-80% of the time. But in my testing in intra day, it gives a risk to reward of 1:1.5 which might not be ideal for most traders.

This was very useful and simple to digest information. Thank you for sharing.

Sir time-frame to identify m and w pls

Prateek sir plz do make stock market course in detail sir.your teaching skills are amazing sir...

Koi risk reward waale question ka answer he likh do

Good video -

Too add few points which I observed:

Slope of bands are important for M & W patterns -

If bands are flat or angle is less than 15-20°- then probability of reversal is high

If bands slope is moving up -( angle is more than 40°) probability will reduce


if u observe and trade u can reduce the failure probability

I will use it to check 1St 3rd wave of Elliot wave and 5 the wave ending for corrections

Thanks

good editing handoff to the video editor.

It will works

Good explanation Prateek sir. Pretty thoughtful that not all patterns work all the time.

very nice explanation!

Great , Thank you !

Nice

Amazing stuff from learnapp

Hello sir. Big fan