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Tutorial Step - Entry Rules

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The main entry rules were the focus of the analysis we did on the charts, but let's add a couple more considerations.
We found that a breakdown in the 1H chart may predict an intermediate-term reversal when on a daily uptrend, and—when on a daily downtrend—an acceleration of the downturn. However, we also noticed several breakdowns that didn't produce either. This means that we should take a breakdown as a signal, not as a confirmation in and of itself.
Our confirmation is a second consecutive breakdown in the 1H chart!
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