I am reluctant to take these trades counter trend, but if they set up properly – and that means that the pattern is formed by a few candles or the TL really does break – there is no reason not to do this. In the case shown here, the setup forms against a strong, strong level and the trade works.
The 3Min Bolli 2nd chance entry setup uses either
- a break of the TL that supports or caps the PA going into the level
- a break of the triangle or vibration that forms around the level after its been hit
