1.

BOLLINGER BANDS OVERSHOOT (BBOS)

REJECTION WILL POSSIBLY HAPPEN WHEN THE PRICE CROSSES OVER THE
UPPER AND LOWER BAND.

2. EMA200

USING EMA200, WE CAN DEFINE WHAT IS THE CURRENT TREND OF THE

CHART. WHEN THE PRICE IS LOWER THAN EMA200,THE TREND IS BEARISH.
THUS WHEN THE PRICE IS HIGHER THAN EMA200, THE TREND IS BULLISH.

TO AVOID FAKE REJECTION OR SMALL SWING, TRADE SHORT (SELL) IF THE

PRICE IS LOWER THAN EMA200 AND TAKE LONG (BUY) IF THE PRICE IS HIGHER
THAN EMA200.
3. SUPPORT AND RESISTANCE IDENTIFICATION

AS THE PRICE CROSSES OVER THE BAND (EITHER UPPER OR LOWER) LOOK
FOR POSSIBLE SUPPORT/RESISTANCE TO BE IDENTIFIED.

SUPPORT AND RESISTANCE WILL BE POSSIBLY THE FF:

A. PARALLEL DARVAS BOX

B. SWING POINT
C. FIBONACCI LEVELS
a. 61.8%-78.6% - BOUNCE AREA
b. 38.2%-50% - SWING CONTINUATION

NOTE: USE A BIGGER TIME FRAME CHART TO SPOT SUPPORT/RESISTANCE

LEVELS.
4. RSI - SUPPORT/RESISTANCE IDENTIFICATION

CHECK IF THERE IS A CONFLUENCE SUPPORT/RESISTANCE IN THE RSI.

SUPPORT AND RESISTANCE MAYBE, STRUCTURE BASED OR RSI LEVELS SUCH

AS 30, 50, AND 70.

5. DIVERGENCE PATTERN
NEXT PARAMETER WILL BE A DIVERGENCE PATTERN. CHECK THE PRICE AND
OSCILLATOR CHART IF THERE IS A DIVERGENCE PATTERN FORMED.

6. REJECTION CANDLESTICK PATTERN

THE LAST PARAMETER WILL BE YOUR BUY SIGNAL, REVERSAL MIGHT HAPPEN
WHEN THE REJECTION CANDLESTICK WILL FORM ON THE SUPPORT OR
RESISTANCE AREA.

**((REJECTION CANDLESTICK PATTERN -

https://docs.google.com/document/d/1qubRz6nL8HvNKUFxh01er2xmLPrtS7eHPJoEOy
_CDJI/edit?usp=sharing​)