Trading Plan: Re-Entries at 50%

On the daily chart there are perfect entry setups at the 50% retracements of the DOW:

At double tops/bottom or should head should patterns its profitable to trade re-entries with AB correction signals:

The first re-entry setup in a new direction I still name as reversal setup as often times the 50% line does not hold and a classic double bottom starts the new long trend: 

First countertrend target is 50% of last upmove

If there is a strong reaction (hammer candle) at this countertrend target (50%) then I dont wait for a double bottom but simply enter above the next green 30 sec bar:

In general as long as the trend is ok, re-entries can be made even if the new setup is not in a DP area: