I lost 30k before this strategy
š PRICE ACTION REJECTIONS ā The Smart Entry Strategy
Too many traders chase breakouts. The real pros? They wait for rejections.
Hereās how price action tells the truth š
āø»
ā Bullish Rejection
1. Strong bearish candles hit support
2. Bullish engulfing candle forms ā signal!
3. Price wicks down but bounces back ā buyers step in
4. Entry after confirmation, stop below wick
š¢ Result: Trend reversal, momentum builds
āø»
š» Bearish Rejection
1. Price pumps into resistance
2. Rejection candle (shooting star) appears
3. Bears step in ā follow with confirmation candle
4. Entry on breakdown, stop above wick
š“ Result: Downtrend continuation
āø»
š” Lesson:
Donāt trade noise ā trade reactions.
Rejection candles around key levels show where real momentum lives.
š Let the chart speak.
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