Countertrend Reversal Trading Strategy: A Statistical and Practical Analysis Strategy Framework Core Parameters Technical Indicators RSI Divergence: Identify overbought (>70)/oversold (<30) levels with price divergence (new price lows not confirmed by RSI). Volume Confirmation: Volume spikes may signal significant price movements, indicating trade entry points ( Bookmap). Reversal Candlestick Patterns: Pin bars, engulfing patterns, and hammers at key support/resistance levels. … Read More