Brooks Trading Course
01-Getting Started
02-Charting Analysis

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Identify Pullback in a Bear Trend
Sell on stop below Low of Signal Bar (L2)

01-Getting Started

Video 01: Terminology

9. ABC Pullback in Bear Trend: 2 Leg Sideways to Up

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Last updated 1 year ago

Identify Pullback in a Bear Trend

The bear trend is opposit, when there is a pullback, traders always looking opportunity to go short.

A pullback for bear trend must be high of the current bar is higher than previous bar.

L1 is the 1st pullback bar. L2 is the 2nd pullback bar.

Sell on stop below Low of Signal Bar (L2)

You're just looking for ways to enter the trend.