Daryl Guppy teaches about countback lines for his entrance. His entry after a bounce is the top of the last two previous highs from the low.
In this case it would be 75c.
The low being 65c.
The 1st previous high from the low being 71c
The 2nd previous high being 75c.
Its a bit like STMTS's method as it stops you getting into a trend too early. There is less reward but also much less risk.
guppy countback lines
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