How Do You Determine Turning Points with or Against the Trend?
Stocks, Futures and ETFs trend -- and retrace -- on Multiple Time Frames (MTF)
The turning point or continuation within a trend can happen in many ways
Use a Simple combination of candlesticks, pivots, support and resistance
In uptrends, we want to buy retracements to support – once the “turn” has happened
In downtrends, we want to sell retracements to resistance – once prices have turned
We also want to buy breakout and sell breakdowns, but at the right moment
Lastly, there are counter-trend turning points to profit from, but at the right moment
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