Types of Entries: Short the Breakdown & Short the Rallies

Last week's article discussed two different long trade entries, the breakout entry, and the pullback entry also known as buying a dip. In this week's article, we will discuss the two most popular types of short trade entries, the breakdown entry, and the throwback entry, also known as shorting a rally. Some traders prefer breakouts for long entries and breakdowns for short entries because they like to buy and sell in the direction of the current move in price. Other traders prefer to let price