Count only big bounce
1 Got rid of over reaction
2 Got rid of over reaction
3 Stable
4 Stable
Also count mini bounce
1 Got rid of over reaction
2 Stable, Mini bounce on what will be the trend line
3 Got rid of over reaction, candle roof also acted as support for trendline
4 Stable, bounce at trendline (now established)
5 Stable, bounce at trendline (good entry)
6 Sable, another entry chance
-Mid Gap between 2-3
-Descending volume indicating lower volatility = easier entry and stops
-Appears after selloff
1 Got rid of over reaction
2 Got rid of over reaction
3 Stable
4 Stable
Also count mini bounce
1 Got rid of over reaction
2 Stable, Mini bounce on what will be the trend line
3 Got rid of over reaction, candle roof also acted as support for trendline
4 Stable, bounce at trendline (now established)
5 Stable, bounce at trendline (good entry)
6 Sable, another entry chance
-Mid Gap between 2-3
-Descending volume indicating lower volatility = easier entry and stops
-Appears after selloff