Having done the work, Qantas has no business dropping until I'm ready! This is the bit of trading I hate. I've got big trades in other things that I need to exit before I have the cash. I've targeted my long MQG trade thats going really well to close out end of this week or next and roll the position into QAN short. How you line the timing up on these things I don't know.
Is that you gj driving it down ahead of me. Maybe you can ease up your shorting for a bit to let me in.
I dont have my charts with me but first drop from a top is often a sharp 25% of the main rise. Mark that on your chart for a pause and bounce there. See if it gives me another chance.