📊 Trading Strategy : 9
Strategy Name: Resistance Rejection Sell Strategy
This is a simple and beginner-friendly strategy.
🧠 Strategy Idea
When price reaches resistance and shows rejection, we look for a sell trade.
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🔹 Step-by-Step Guide
1️⃣ Chart Setup
Timeframe: 15 minutes or 1 hour
Draw a clear resistance level
2️⃣ Wait for Price
Let price move up to resistance
3️⃣ Confirmation
Rejection candle forms
Long upper wick
Bearish (red) candle
4️⃣ Entry
Sell at the close of the rejection candle
5️⃣ Stop Loss
Just above the resistance level
6️⃣ Take Profit
Nearest support level
Or use 1:2 risk-reward ratio
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⚠️ Important Tips
Trade only at strong resistance
Avoid trading during high-impact news
Patience is very important