Short after Rejection
The price is in a downtrend but you can't jump right in
A good entrie point would be on the brekout of the secont rectangle drawn on the chart near the arrow
Once the price breaks that zone, you can go with the trend till the next rejection zone on the chart
If you don't have the next rejection zone on the chart, start looking for it on bigger time-frames
A good entrie point would be on the brekout of the secont rectangle drawn on the chart near the arrow
Once the price breaks that zone, you can go with the trend till the next rejection zone on the chart
If you don't have the next rejection zone on the chart, start looking for it on bigger time-frames
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.