1.XAB is formed
2. Draw XA extension. . Draw box ard 121.2 and 141.4
3. Draw BA extension. . Look for confluence
4. Price reach point C
5. Go daily chart....Wait for hammer (or shooting star) long wick. . At least 2/3 of body
6. RSI oversold or overbought
7. RSI divergence
8. Look left.. any strong support and resistance? or chart patterns? (E.g. double bottom?)
9. Stop loss below wick of hammer plus ATR buffer
9. Stop loss below wick of hammer plus ATR buffer
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