We still have $6900 in close sight and I would much rather sit back and watch the action unfold to then jump in after any mess has occurred. Anywhere around $6900- 7100is where I'll be looking to go short should those levels sustain and we remain below. If we do see a sharp spike upwards soon then I'll look to consider adding a very small position first. Way smaller than a usual setup so the risk is minimal, but it would be ideal for positioning myself in what could be a large dump to follow.

Remember that with every call I remain open-minded and away from being fixated on proving to my ego I am the holy one who knows better than the market. Even earlier when I gave the levels for potential long opportunities, that's because I'm out of the market and waiting as a bystander for the next train to arrive. The only difference is I know exactly what train to board at exactly the correct time to arrive at my destination. You wouldn't board a random train that arrives before the train you're meant to catch and expect to end up at the correct destination. Trading is no different, I know what trades I want to catch therefore anything inbetween is just observation. I'm always pre-meditating potential setups in my head so if the market pulls through I'm ready to strike.

Trend Analysis

Aviso legal