This strategy is very simple and clear, it tells us "what to watch, entry, target and stop loss".
Our idea of technical rebound must be confirmed with a first leg (rally), so if this event does not happen, we will not go looking for a long position. If instead there will be a rally, we will wait for pullback (often around 50%/62%) and we will try to take a long position on the completion of the corrective structure ( ). Stop Loss below the previous low.
To complete this strategy, you need to calculate an appropriate size (Money Management)
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