Trend Reversal Rules

Lesson/Review

1. Use the 5 Minute Chart

2. Create the Trendline 

3. Wait for the Trend to Break and DO NOT ENTER IMMEDIATELY

4. Draw a horizontal OVAL exactly where the trend broke

5. Enter with Stops and Let them play out

6. ONLY trade reversals in the same direction as the prevailing trend

    -Uptrend? Only on red moves wait for 5 minute reversal the leads back to upside

    -Downtrend? Only on green moves wait for the 5 minute to break back to the downside

 

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mmk.mmk0@gmail.com Sept. 6, 2022, 5:12 p.m.      
  
so short post awsome
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