Chủ Nhật, 3 tháng 3, 2024

Types of Reentry

 Reentry has 3 types:
                  - reentry after csd
                 - reentry after csm
                 - reentry mid bb
The most safest reentry is the reentry after CSM



From 11/2023

Reentry (Setup) 

is 2nd level of entry point. First is MHV. Second is Reentry after CSAK. Third is Reentry after CSM.

Reentry features/characteristic :

 Candle close must not pass MA5,MA10 and Mid BB
 Always happen after CSAK or CSM

It will be strong if candle close does not pass MA5 / MA10 as well as Mid BB
Candle close does not exceed MA5 / MA10 and Mid BB at the same time making the re-entry stronger

In the event of a re-entry where MA5, MA10 and Mid BB meeting/close together, a minimum of 3 candles movement will happen (based on entry timeframe) indication of strong reentry movement will occur.
- Minimum 3 CS in small TF (H4, H1, M15), while in daily, weekly and monthly usually a minimum of 2 candles.

Always remember to check the market direction first, only then look for re-entry and enter
 Wait for the second candle, because the first candle validates reentry and the second candle is for entry

Hidden secret:
 Any reentry that overshooted is actually trying to reach higher timeframe reentry of MA5/10

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