HERES how BULLISH REVERSAL works š
ā”ļø A bullish reversal happens when the price of an asset š thatās been falling starts to rise š, signaling a trend change from bearish to bullish.
ā”ļø Example:
Imagine a ball ā½ rolling down a hill ā°ļø (downtrend). It hits the ground, bounces back, and starts climbing uphill (bullish reversal).
In trading, this often happens at a support level** or when buyers step in š, pushing prices higher. Look for patterns like double bottom*š»š» or inverted head and shoulders š¤ to spot these reversals!