The Reversal Signal Barsindicator shows now small Inside Bars, possible One Bar Final Flags and two variants of Breakout Pullbacks.
A small Inside Bar (even with a weak close) at one end of a large bar is a setup for a fade of the large bar. At times its fine to fade a large bar off a same colored inside bar, if the entry is within the direction of the overall trend or has some other strengtheners.
The 1st target for that fade is the other end of the bar, that contains the Inside Bar.
There are several ways to enter a trade on a reversal signal. All have advantages and disadvantages and finally depend on the market context and the trader. This post only represents a small selection of possible entry methods and doesn’t cover scale-in type of trade entries or trading a penetration of a micro trend line.
To find reversal signals, you can use the Reversal Signal Bars indicator. Continue reading “Reversal Signal Entry Strategies”