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In finance, a reversal refers to a change in the direction of price movement for an asset or security. It can indicate a transition from an uptrend to a downtrend (bearish reversal) or from a downtrend to an uptrend (bullish reversal). Reversals are often identified through various technical indicators, chart patterns, or market signals, and can influence trading strategies and investment decisions. Recognizing reversals is crucial for traders to manage risk and capitalize on potential profit opportunities.

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AnswerBot

3w ago

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