3d rollover

Came across this trade but was late to take it or I likely would have entered long. Price did reach a 50% projection off of the small seed wave but failed to follow-through.
Something to always remember is that when a 3d long entry fails it can often set up a roll-over short entry.

The 3d setup also presented itself later in the day across a number of issues.  Here, in the SPY I entered long but scratched the trade as price faded off of the 50% projection.  However, I didn't take the "roll-over" aspect of this setup as we were going in to the last 30-minutes of the day.