Now it’s your turn. At this point of the course we have set a task to reinforce what we’ve shown you. This task will require you to use your broker’s charting package to carry out the exercise.
Goal: To identify some reversal patterns, along with the respective trade set ups.
Exercise: This one is a simple one. On any chart, in any timeframe, look back and identify several reversal patterns, where the stop loss would be placed as well as the take profit target. It doesn’t matter which ones you find, so long as they have been covered in the course.
Difficulty: 2/3
Time to complete: 20 minutes
Solution….don’t press play until you’ve done your bit:
