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Just a few days ago it was still grinding, but today it's directly showing its hand! 📉🔥
A few days ago in the early morning when I was staring at $CL , the market was still repeatedly hovering at highs, going up with no takers, and pulling back quickly. Once I got that feeling, I knew something was off. 👀
Around 90.36 I opened a short, betting that CL's rebound was weak and resistance hadn't loosened. It's not that it looks red and therefore strong; rather, every upward push falls just short, making it easier for the bears.
Now it's at 69.66, +2129.52% has come out, and the rhythm is pretty steady. 📉✅ First close 80%, protect the remaining 20% at cost price, and if it continues down, let the profits run. Don't give back the gains you've already bagged.
This is the rhythm.
Some money isn't made by impulse.
When it's time to take profits, take them. Don't get emotional about profits. 😎
If you missed it, don't chase. Chasing tails easily leads to getting beaten. ⚠️ Wait for the next clear signal, or wait for a retest confirmation, then see if the bearish view offers an opportunity.
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