will be trying to enter CLEAR PATTERNS -- specifically tri-bottoms tops.
elements:
is the market showing relative strength?
is the market oversold at a higher time frame?
are any other markets confirming strength?
is volume drying up in the OPPOSITE direction?
Is there a key level market can run to?
Is it an ideal time of day/month to enter here?
Can you see a clear triple touch trendline?
So the triple touch IS the trade. Must provide some room for wiggle with stops -- particularly with /cl
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