I call it crack & Snap trade , Usually this kind of patterns they tend to move down very fast and reverse on inter-day or on daily time frame basis
I am looking one flash move down before it turns to upside , One can wait for bullish reversal either on 1 hour or on daily to go long and book near the forecast
I am looking one flash move down before it turns to upside , One can wait for bullish reversal either on 1 hour or on daily to go long and book near the forecast
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One can wait for daily reversal , it might enter in side way or it will reverse sharply
Wait for it before entering
Wait for it before entering