Trading Strategies - Chapter 8. Reversal

If the price makes a new high, but the oscillator (like RSI or MACD) makes a lower high, upward momentum is dying.

Single candles with long wicks. They show aggressive price rejection at extreme highs or lows. chapter 8. reversal trading strategies

A short-term moving average (e.g., 50-day) crosses above a long-term moving average (e.g., 200-day). This signals a macro bullish reversal. If the price makes a new high, but