Draw a diagonal trend line connecting the lows. Four or more touches are the best trend lines. Next, wait for a daily close below the level. Enter at the close of candlestick. The next entry comes on the retest of the trend line if it occurs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.