A reversal strategy based on the “head” pattern determines the likely price reversal points. The up bar of the histogram indicates a bullish pivot point, and the down bar indicates a bearish pivot point.

Reversal points can appear in both an uptrend and a downtrend. Therefore, it is highly recommended to use filters such as RSI, William’s Percent Range, or CCI.

The screenshots show how the HEAD FAKE INDICATOR suggests good pivot points when working in combination with other indicators.