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Concept / Patterns

Reversal

A transition where the market attempts to stop one direction and begin movement the other way.

First course anchor

21A - What is a reversal

Open source lesson

Evidence stack

Course references

These relationships are currently derived from Al Brooks lesson topics. Books, ES reviews, and research notes should later attach to this same concept instead of creating parallel concepts.

Defines (2)
  1. 21A - What is a reversal Support, Resistance, and Basic Patterns / 21A - Reversals
  2. 22A - What are major and minor reversals? Support, Resistance, and Basic Patterns / 22A - Major Trend Reversals
Uses (34)
  1. 08B - Reversal bars Charting Analysis / 08B - Candles, Setups, and Signal Bars
  2. 08B - Multi bar reversals Charting Analysis / 08B - Candles, Setups, and Signal Bars
  3. 09B - High 4 and Low 4 Consecutive reversals Charting Analysis / 09B - Pullbacks and Bar Counting
  4. 14B - 80% rule: Most reversals fail Market Cycle / 14B - Trends
  5. 15A - Reversal is a breakout Market Cycle / 15A - Breakouts
  6. 15H - Give-up Bars – Minor reversal Market Cycle / 15H - Breakouts
  7. 16C - Reversals and breakouts Market Cycle / 16C - Channels
  8. 16F - Reversals and breakout failures Market Cycle / 16F - Channels
  9. 21A - Minor and Major Trend Reversals Support, Resistance, and Basic Patterns / 21A - Reversals
  10. 21A - Reversals can begin with breakouts Support, Resistance, and Basic Patterns / 21A - Reversals
  11. 21B - Reversal is earliest entry Support, Resistance, and Basic Patterns / 21B - Reversals
  12. 21C - Beginners love reversals Support, Resistance, and Basic Patterns / 21C - Reversals
  13. 22A - MTR is most important reversal pattern Support, Resistance, and Basic Patterns / 22A - Major Trend Reversals
  14. 22D - Head and shoulders reversals Support, Resistance, and Basic Patterns / 22D - Major Trend Reversals
  15. 24C - Bad Wedges are not reversal setups Support, Resistance, and Basic Patterns / 24C - Wedges
  16. 24C - Reversal begins before old trend ends Support, Resistance, and Basic Patterns / 24C - Wedges
  17. 27A - Most Head and Shoulder reversals are minor Support, Resistance, and Basic Patterns / 27A - Head and Shoulders
  18. 29C - Climactic reversals Support, Resistance, and Basic Patterns / 29C - Climaxes
  19. 38C - Lower High Major Trend Reversal Trading Price Action Patterns / 38C - Trading MTR Tops
  20. 39B - Minor reversals Trading Price Action Patterns / 39B - Trading MTR Bottoms
  21. 42B - Major climactic reversals Trading Price Action Patterns / 42B - Trading Climactic Reversals (Failed Breakouts)
  22. 42C - Minor climactic reversals Trading Price Action Patterns / 42C - Trading Climactic Reversals (Failed Breakouts)
  23. 43B - 1st reversal usually minor Trading Channels & Ranges / 43B - Trading Tight Bull Channels
  24. 44B - 1st reversal usually minor Trading Channels & Ranges / 44B - Trading Tight Bear Channels
  25. 45C - Reversals are common, but fail Trading Channels & Ranges / 45C - Trading Broad Bull Channels
  26. 46B - Reversals are common, but most fail Trading Channels & Ranges / 46B - Trading Broad Bear Channels
  27. 48A - Opening Reversals Trading Different Times of the Day / 48A - Trading the Open
  28. 48E - Failed reversal of BO of yesterday’s range Trading Different Times of the Day / 48E - Trading the Open
  29. 02 - 80% of days have reversal on open (1st 90 min) Bonus Videos / 02 - Trading Patterns on the Open
  30. 05 - No Reversal on Open: Trend from the 1st bar Bonus Videos / 05 - Trading Tight Trading Ranges on the Open
  31. 05 - 80% of Opens Have at Least 2 Reversals Bonus Videos / 05 - Trading Tight Trading Ranges on the Open
  32. 06 - Wedge Reversal: Bottom Bonus Videos / 06 - 3 Patterns Every Trader and Investor Should Know
  33. 06 - Wedge Reversal: Top Bonus Videos / 06 - 3 Patterns Every Trader and Investor Should Know
  34. 09 - Trade with trend: But sometimes trade reversals Bonus Videos / 09 - Scalping series- #01 Rules for Scalping
Contrasts (5)
  1. 15F - Failed BO, trend resumption or reversal? Market Cycle / 15F - Breakouts
  2. 18C - Trend resumption, or reversal? Market Cycle / 18C - Trading Ranges
  3. 21D - Most reversals are Double Top or Bottom Support, Resistance, and Basic Patterns / 21D - Reversals
  4. 26A - Reversal or continuation (flag) Support, Resistance, and Basic Patterns / 26A - Triangles
  5. 05 - TR Open: 5 or More Reversals Bonus Videos / 05 - Trading Tight Trading Ranges on the Open
Applies (1)
  1. 47C - How to enter on reversals Trading Channels & Ranges / 47C - Trading in Trading Ranges