Forex Monthly Trading Thread and setup ideas, page-340

"reversals starts with technical warning signals then its a case of waiting...timing....go on the early signs you are cactus..."

Or you can average in.

But yes, I fall for the same trap with FA on indices or commodities. For example, I figure something should be higher today, and I'm right, but it doesn't have to go up this minute! So wait for the sellers to exhaust themselves before buying. And you can see that on smaller timeframes - either a big final panic candle followed by a sharp reaction or steady holding of the line with lots of small candles as the buyers accumulate.