Macro Downtrend, Micro Downtrend, Intraday Range: Long Trend Reversal

Lesson/Review

1d:2m (Long Trend Reversal)

    -Notice how the trend reversal is very choppy and difficult. As we know we must risk the low of day when taking this trade so entering as close to the trendbreak zone is the most important aspect of all trend reversal trades. Once we break down into that area then that is where we should look for longs. In general this is going to be a very difficult trade no matter what but if I can get in and risk LOD with target of a New high then it wouldve worked.

 

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