How to tell if it is time to buy dip and catch rebound?
- One way is to check 30 min chart to make sure that 30 min bar is not a trend bar - candlestick pattern - STW pattern etc
- Easy way is to compare EMA 8, and if the bar stays below EMA8 all the time, and just wait.
- 5 min chart - bar count 42 - Stay below EMA 8 all the time until bar count 42 - trend bar - green
- That is the time to get in - Bar count 42 or 43, and I think that bar count 43 is better to confirm the uptrend and rebound





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