Pull Back – Long – With The Trend

pull-back-long-wtt

Criteria

  1. Price makes higher high
  2. Pull Back
  3. Must be above 50 MA
  4. Zone – Pulling back to (2 out of 3):
    1. The trend line
    2. The previous resistance line
    3. The 21 MA
  5. One of the four candle patterns:
    1. Doji
    2. Spinning Top
    3. Hammer
    4. Bullish Engulfing
  6. Buy at the high on the next candle

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