See chart for details.
Commento:
We have a close above the line so a buy signal has been given.
Commento:
Looks like I should had drawn the trend line at top of wicks to weed out the false signals. This is still tradeable but need a strong close above the line. Look left on chart for possible areas where the down trend may stop.
Commento:
strong close above line occurred
Commento:
tp line hit