DV Top Retest Strategy Setup:

1. Transitioning from a downtrend to uptrend. (Possible na may variation to)

2. There should be a clear DV box forming during Stage 1.
3. The most recent DV should have at least 25 trading days.
4. Hovering around 100MA, better if above 100MA na or may MA squeeze
5. The retest of the top of DV should have an RSI>55
6. The succeeding candles should have an RSI>50 + Volume Contraction + small or doji candles

Entry Point:
Wait for a green candle after the rejection.
Buy on the next after the green candle.

Note: The price after the green candle must not go below DV 50 or the low of the confirmation
candle. If it doesn’t go below the body of the green candle then it is a good sign.

Cut Loss Point:

1. Price reject the low of the confirmation candle
2. Reject the DV50

Specific Exit Points:

1. Assess the most frequent resistance.
2. Look on higher time frame if there are MA resistance
3. 20MA trail

Note: It should pierce above the DV the third time it try, otherwise I’m out.