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An example of not lining up technical analysis, context, or reversal points with your rejection candle signals.
These are dud signals because they hardly met any of the analytical quality control points we’ve talked about in this tutorial.
If you see heavy congestion to the left, and the rejection candle formed in the middle of it all –
then that’s a red flag.
Also if you plan to go against the trend (which can be profitable), you better line up strong rejection candles
with major reversal points (tip: get these from weekly time frame).
to learn more check out the link of my ebook in bio, the candlestick trading bible,this ebook covers of of the most powerful price action trading system, check it out in my bio .