No body can identify a trend change before it happens,predictors call trend change a dozen times before it happens and they are proved wrong every time.
Trend change can be of two types, one is v shape reversal or market gets horizontal losing angle I'd ascent or descent and after a period of consolidation or distribution the trend reverse.There is enough material on how to identify trend change,Subhdip is running a full thread,Saint had his thread,XRay has his support and resistance thread,I have discussed it many times in my threads....so I need not repeat the same what is already said several times.But trend knowledge is absolutely essential for trading success.
I always go by pivots and angle of the trend.
Smart_trade
Trend change can be of two types, one is v shape reversal or market gets horizontal losing angle I'd ascent or descent and after a period of consolidation or distribution the trend reverse.There is enough material on how to identify trend change,Subhdip is running a full thread,Saint had his thread,XRay has his support and resistance thread,I have discussed it many times in my threads....so I need not repeat the same what is already said several times.But trend knowledge is absolutely essential for trading success.
I always go by pivots and angle of the trend.
Smart_trade