👋I lost 50 thousand dollars before learning this strategy
If you've ever felt the pain of losing a trade, trust me: you're not alone.
Once, I watched 50,000 dollars evaporate from my trading account. I felt like every trade I made was an adventure. I was chasing indicators, following the advertising, and suffering losses over and over again. I was trading recklessly until I discovered the power of rejection in price movement.
Call to attention
The turning point for me was realizing that indicators were lagging, news was noisy, and signals were often contradictory. I needed a clear and reliable strategy, rooted in market psychology. That's when I found a simple and visual concept: rejection at key levels using only price movement.
I started studying the behavior of Japanese candlesticks at support and resistance areas, and what I found was gold.
Power of rejection in price movement
Let me explain it simply:
When the price approaches a key level - like support or resistance - watch the movement of the candles. The story that the candles tell can allow you to set up high-probability trading operations. There are two scenarios that changed things for me:
Scenario 1: Bullish rejection at support
The market is falling with strong bearish pressure.
The price reaches the support zone.
A bullish engulfing candle appears and buyers step in.
The rejection of the wick confirms the rejection at low prices.
You enter the trade on the bullish confirmation.
