[00:02] indicators in their default settings. Zigzag default setting, Donian channel 20 period default setting and RSI 14 with 70 and 30 levels to catch high probability market reversals with clear simple rules. Noel trade rules reversal
[00:19] down. First, wait for the price to touch the upper donian channel. This area acts as your automatic resistance. Next, check the zigzag indicator. You must see a new swing high at the top. This confirms the market has reached an
[00:33] exhaustion point. Now look at the RSI. If the RSI is above 70 or turning down from 70, the market is overbought. Now the most important part, the candle. Wait for a candle with a long upper wick near the upper band. This shows strong
[00:49] rejection from the top. After this, wait for one bearish confirmation candle. for one bearish confirmation candle. Entry, enter, sell on the next candle.