The Key Reversal pattern is just as the name implies, a reversal formation.

The Key Reversal involves two candlesticks. The first stick is normal-sized and can be any color. The second candle drives to a new extreme and then reverses into a large-bodied candle.

The second candle is key to indicating whether the pattern is bullish or bearish. If the second candle is green, then it is a bullish Key Reversal, and additional gains are expected. If the second candle is red, then look for the market to correct lower.

If the Key Reversal appears near support or resistance levels, then the signal tends to be stronger.

U.S. Weekly Jobless Claims Slightly Lower Than Expected

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#BTC seems very weak and loosing support again . So we better to take one more entry with same size at current market price and close #JTO trade at 2.15.

Binance Research: Crypto Market Recovers from Flash Crash with Strong NFT and DeFi Growth in August 2024

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U.S. Non-Farm Employment Numbers Revised Downward for June and July

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📝 Educational Post

Binance Market Update (2024-09-08)

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Binance Releases 22nd Proof of Reserves: Strong USDT Growth and Continued Transparency

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Closing this trade at entry. 2 targets only achieved

New Trade soon

Anyone waiting for Target 2 ??