Pull Back – Short – With The Trend

pull-back-short-wtt

Criteria

  1. Price makes lower low
  2. Pull back up
  3. Below 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. Shooting Star
    4. Bearish Engulfing
  6. Buy at the high on the next candle

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