A nice example of a simple 2 legged pull back entry with trend, and some explanation of the thought process.
to determine trend, simply need 2 or more HHs, after which you look for the first 2 legged reversal. the 2 legged reversal should not extend beyond the most recent HL, if it does it negates this particular set up and may even indicate a trend reversal. if you look at the previous reversal from bear to bull you can see the 2 legged pullback would not have been traded, and did in fact end up in a trend reversal.
while it is somewhat discretionary, the distance from the extreme of the pull back to the swing high ( in this case ) should ideally offer 1:2 rr or better. even if the current trend hesitates there is a high probability of making it to the swing high before reacting into the range.
this is a simple strategy that is purely pa based , and when basic guidelines and discipline are followed gives more pips than it loses over a series of trades.entry is after a candle close in the desired direction after it is determined to be a 2 legged correction ( point D is farther than B )