How to trade with a reflection point.

Cập nhật
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!

Ghi chú
waiting for entry .
Ghi chú
ảnh chụp nhanh
Ghi chú
RSI DIV alone the channel.

Watch out!
Ghi chú
the reasons to short similar to GOLD.
But dont try it without sl.
Ghi chú
this reflection point has a small 3-wave channel too .
Chart PatternsreflectionTrend AnalysisWave Analysis

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