My honest opinion is that one of the major mistakes globaly is that traders counter trend immidiately once price hits PRZ. Even with DT or DB you need some sort of comformation, at least break of DT/DB and wait for price to retrace back to the V bottom of DT structure or A top of DB. I found out that the best way to get comformation that trade has really changed...
Reasons for entry :
- two big FR 23.6 and 38.2
- Strong structure
Stop loss :
- Below previous swing low (HL)
Take profit :
- 127.2% FE of the move
- ABCD pattern complete at the same level
- Major strong structure