Is not entering above a resistance or earlier pivot a more safer entry becoz then the Stop is nearest.Why are we in a hurry.Have we seen the earlier Massive Falls in our charts ,plz show me where was it a Parabolic rise after this type of sustained fall.There can be a bounce ,think of all those painfully Stuck at higher price ,will not they be mostly on distribution side.Let our chart's resistance / support / pivot / etc guide us not impulse.