Falling Price Into Critical Support = Opportunity/Bounce
These plays happen all the time if you are looking for them. The weekly charts provide amazing opportunities, the key is to find these standout support or resistance areas and wait for the price to fall fast and hard to them, or spike in price into resistance. The FIRST time price tags the level you should be entering a trade for at MINIMUM an intraday reversal, but with the weekly chart, setup expects a couple of weeks for the swing trade to play out.