#2: My preferred setup is when we get a push and the price action retraces a bit to the spine (white line in the rainbow). Depending on price action I usually time an entry in the direction of the initial push, knowing that momentum is down and we could at least revisit the lows of the initial push, often more..as shown in this trade, we pushed down, then retraced..price never held above the spine on the retracement, so i hopped in looking for a test of the low again which i got..stress-free and some nice pips
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