This would likely be a daytrade or 1-2 day swing when this transpires anyway.
If I miss out on the reversal, it's better than entering too early.
One strategy is to enter slow, but that can be detrimental if you don't know what that means and if you don't have discipline.
Also there's a h/s on the 4hr candle-chart. So I'll wait.
Look at my AMZN short from yesterday. Paid well and hit targets. Puts are at least +100%.
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Update: Now on trendline. Good stuff if you waited as well.
I cloned the TL to show that there's a possibility of a fakeout to the cloned TL.
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Update: Escaped the mini downtrend. Should be clear skies. Watch CME_MINI:NQ1! and NASDAQ:QQQ for confirmation of reversal though. Never trade without a market view:
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Always good to track your trade on the lower timeframes and look for patterns in or against your favor.