@ Strike Eagle 26
Buying against the Reversals has worked out last Year on a Weekly basis. And I didn’t do it only on the Third Reversal. My observation was that: when the Price moves quick to the Reversal it will bounce off. When the Price comes slowly near the chance of electing is greater. This is just my theory and needs further proof.
MA also wrote that the speed of the move is important. Has anyone experience to share?

And thanks for the Links, read them all. And missed some of them…...