[00:01] took using this exact strategy. Look at the chart here. The zigzag has just formed a peak sitting clearly above the recent candles and at the same time price pushed right up and touch the upper line of the Donchian channel.
[00:14] That's two conditions ticked off already. Then came the moment we were waiting for. A strong bearish candle closed right at that upper boundary confirming sellers were stepping in. All three conditions lined up. So I placed
[00:27] the sell entry on the very next candle exactly as the rules say. Now watch what happens next. Price starts reacting immediately. It turns down from that upper boundary and starts pulling away from the channel top. The
[00:41] zigzag begins tracing a fresh leg downward confirming the momentum has shifted. And here's the outcome. Price continued lower printing a clean move away from that upper channel line and the trade closed in profit.