Spotting large reversals can be a very good skill, it can lead to some large moves, which means large profits.

The first thing you need to do before you start, is identify and highlight your major R & S zones.

When price hits one of these zones; look for a counter trend candle closure.

For example, if price is steadily rising but then makes a bearish candle at the R zone, this could be the start of a reversal point.

When this happens, it shows us the buy orders are starting to close and the sell orders are starting to open.

Before the final drop you may see a bullish candle after the bearish candle, this is down to the market makers cashing in on the early adopters and to also fake out retail buyers.

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