Momentum Indicator - Trend Line Breakouts approach

Trend lines can be drawn on the Momentum indicator connecting the peaks and troughs. Momentum is a leading indicator and it begins to turn before price thereby making it a leading indicator. Bullish reversal- Momentum indicator readings breaking above a downward trend line warns of a possible bullish reversal signal while. Bearish reversal- momentum readings breaking below an upward trend line warns of a possible bearish reversal signal.