15-min chart the momentum push was the lowest reading in over a week while the swing low was higher than the previous day (just above the PDH). It's a reverse divergence, but I believe LBR coined in a "Sling Buy" setup. The 15-min hammer candle doesn't get any prettier. While the 5-min trigger could have been a 3/10 macd Fast Line/Slow Line crossover, but a better entry was following the consolidation off the bottom as price formed the seed wave.
Half target was the 50% entension of the seed wave which coincided with the breakdown point of the selloff.
100% and 200% extensions of the seed wave were both met the next day.
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