The concept of this strategy is that we are looking for a trend that has just reversed and we are looking for an optimum entry point. The entry point is the breakout of the highest/lowest after a pullback.
The pullback is materialized by a short moving average, we are waiting that the price close below the short moving average and we trade the breakout of the highest/lowest just after.
I trade with 50/200EMA but you can test other.
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