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Common with shorter timeframes.


Where you buy expecting price to move in one direction only to find that it reverses and moves in the other direction,beyond and below your buy and or stop point.


The longer the timeframe the less common the whipsaw as you stay in the trade during these (often) short term corrections.


There are some trading Stratagies based around a little longer term "Whipsaws" Eg Swing Trading some options plays.


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