How to trade with a reflection point.
Updated
Traders,
This is a short signal on the channel.
Because C is he highest point hitting channel.
Rsi div on C too.
We would assume this is a reflection point on the channel and short it to another reflection point as first target.
If price drop down deeper to break the channel, you will glad that you have such great entry and should hold it till another ABC appear.
Otherwise, short it again when price retouch the channel.
Less is more!
This is a short signal on the channel.
Because C is he highest point hitting channel.
Rsi div on C too.
We would assume this is a reflection point on the channel and short it to another reflection point as first target.
If price drop down deeper to break the channel, you will glad that you have such great entry and should hold it till another ABC appear.
Otherwise, short it again when price retouch the channel.
Less is more!
Note
waiting for entry .Note
Note
RSI DIV alone the channel.Watch out!
Note
the reasons to short similar to GOLD.But dont try it without sl.
Note
this reflection point has a small 3-wave channel too .
专注黄金和原油
七周年庆，免费入群微信小红圈（首季度），每日更新追踪交易计划，微信联系咨询： ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
七周年庆，免费入群微信小红圈（首季度），每日更新追踪交易计划，微信联系咨询： ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
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