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Old 07-22-2010, 07:17 PM   #1

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Documentation for Trend Reversal at Support with Pullback Entry

I'm looking for some documentation or training on the entry strategy where you enter on a pullback after the price bounces off a support or resistance.

It is a zigzag that starts at the bounce, and the entry point is the middle wave of the ZZ, in the direction of the first wave of the ZZ.

here is an example:

trend down
hits support and bounces off in the other direction
then short reversal off of the bounce (enter here...called a pullback)
continue in the direction of the first bounce

Any ideas where to find a full description?

And, what is this called?

Thanks
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