Tip 8: Keep Declining in Dawn, Then Sell in AS TimeTip 8: If the price keeps declining in dawn,then sell at the starting point of last drop in AS Time
Tip 8 needs to meet three conditions as follows:
1. The price keeps constantly declining last day, and no sharp rally appears in AM Time ;
2. Sell near the starting point of last drop which creates in dawn when price rebounds ;
3. Good entry time is at UTC 0:00-2:00, but don’t sell at pullback after the breakout of the previous low point.
Usually, this opportunity is a little radical and just Asian traders can do it, most American and European traders are in sleep.Traders must remember not to sell at the pullback after the breakout of the previous low point.
