This is nearly a perfect example of a Kijun Bounce. RSI has reset to near 45, perfect bounce off of Kijun, rejection near middle of BBand. All 4 conditions have been met for this trade: Chinkou below price, Bearish TK, Bearish Cloud, and price is below the cloud. I am however a little late on this entry, but I am still happy with it.
Trade active:
Trade looking great so far.