Mastering the Trend Break + Retest Rejection Strategy: A Path to Consistent Trading Success
As a trader, I previously struggled with inconsistent results due to premature entries and inadequate market analysis. However, everything changed when I discovered the efficacy of the Trend Break + Retest Rejection strategy.
The pivotal moment came when I observed a pronounced uptrend, characterized by higher highs and higher lows. Upon the price breaking the trendline, I exercised caution and waited for further confirmation. As the price retested the broken trendline, a wick rejection ensued, followed by a significant bearish candle. This sequence of events served as a clear indication of a trend reversal.
I subsequently entered a short position at the rejection zone, prudently setting a stop-loss above the wick and establishing three distinct profit targets. The outcome was noteworthy:
- No liquidation
- Controlled risk
- Consistent profits
By adopting this strategy, I have transformed my trading approach. I now prioritize market-driven entries, allowing the trend to dictate my trading decisions. This methodology has yielded significant benefits, including minimized liquidation risks and enhanced trading performance.
The key lesson derived from this experience is that optimal trade entries often occur at the point of rejection following a trend break. By recognizing and capitalizing on these market signals, traders can substantially improve their trading outcomes.
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