Can we use price rejection to enter?

The price rejection can be a sign for entry but it's not enough.
It's needed to look for a strong sign that shows us uptrend like Hammer.
There are free articles about "Forming Hammer pattern in price" and "Forming a Shooting Star in the price" on the website.

Hammer 👉 https://www.forecastcity.com/en/node/240
Shooting star 👉 https://www.forecastcity.com/en/node/235

Also, There is DTO service that shows you Hammer/Shooting Star and the strength of them.
Please see the DTO here 👉 https://www.forecastcity.com/en/forecasts/Forex/daily-trading-opportunity

Updated on: 28/09/2020