Bottom Wick Rejection
Buy a lower-wick rejection (inverted hammer, dragonfly doji, or tweezer bottom) after a selloff while RSI is still weak. Exit when RSI recovers, at a profit target, on a stop loss, or after a set number of bars.
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Type
Patterns
Bullish Inverted HammerDragonfly DojiTweezer Bottom
Outputs
Type
Period
SMA Period
Outputs
Order
AND
1
40
%
%
60