Just a few days ago it was still holding firm, but today it's been knocked back to its true form! 📉🚨

A few days ago before bed $XAG it was still grinding sideways at highs. The chart looked not weak, but the details were very hollow: the upward move had no volume, no one was buying at higher levels, and the bounce became weaker and weaker.
Before the market had fully kicked off, I was watching XAG's upward attempts. Each time it was a bit short, each time it was pushed back. At this level with insufficient support, I'd rather wait for shorts to cash in than chase the sentiment. 👀📌
After the opportunity presented itself around 68.59, I opened a short according to plan. Now the price has come to 58.27, return +1400.00%. Those on board should know the feeling. ✅🔥💰
Good positions come from waiting, not from chasing.
Here I'll first cover 80%, take the bulk profit, and keep the remaining 20% with cost price protection. If it continues to drop, let the profits run; if it bounces back, don't let the gains become uncomfortable. 🎯🛑
Chasing tails easily gets you hit.
If you missed it, don't chase. Chasing tails messes up your mindset. ⚠️ Wait for a pullback confirmation, wait for the next clear signal. When the next opportunity comes, then look again. 🔔
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