Kardec Trader shows a bounce setup using two reference points to draw an action line. When price respects that line, you take a sell order. The setup covers entry timing, adding to winners, and staying calm during pullbacks.
The bare bones of the bounce setup is now these would be signals. This one you wouldn't know because you're just now getting indication that this is point A this is point B. So these are the only two areas where you would have been able to capitalize on a sell position. So you've got point A. Point B this is telling us the direction of the line so we wouldn't have seen it until here. Yes as price came up and respected this line. All right now it becomes an action line. Now it's time to take action do a sell order here. So we're selling price falls off, comes back up. Maybe we're sweating. Maybe we're thinking man this is going to break we may have to give this back back it ended up falling over and it respected. If you missed this move you could have taken this one or if you took this one and price came up you could add to your position size or just simply hold.
