5 Bar Reversal Pattern Trading Strategy Is A Must Have Tool
19 December 2016, 16:51
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5 Bar Reversal Pattern Trading Strategy is a must have tool that you must have in your trading arsenal.
Why? When you see 5 bullish bars in a row or 5 bearish bars in a row, take it as a reversal signal.
It is very common to see 5 bullish bars or 5 bearish bars in a row one after each other consecutively.
Read this blog post on this 5 Bar Reversal Pattern Trading Strategy and how you are going to trade it.
You can also expect a reversal after 4 consecutive bars.
The minimum is 3 consecutive bars.
5 bar is a strong signal. 4 bar is a little less strong strong.
