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I've been quite patient with this short order. $CL has been consolidating at a high level for a while. Many thought it was building momentum to break upward, but what I saw was the key resistance above getting heavier. The price couldn't push higher, and risk began to accumulate.
After entering at 101.27, I didn't move impulsively due to small retracements. The key point was that the retracement height never managed to go up. Now the price has reached 72.2, and the profit is already +2666.57%. The trend extension is obvious. Such profit from a decline does not come from guessing; it comes from waiting for the structure to give the answer before following.
The easiest mistake to make during trading is to want to short at a key level after a drop, and then fear missing out when it retraces a bit. My approach is to protect profits first, handle in 80/20 batches: close the main position first, keep the tail position with a protective stop to continue observing, take the remaining space if possible, and don't regret if it doesn't materialize.
Don't let a single K-line dictate your trades. Only when the rhythm is right can you have confidence. Don't chase after missing this segment. Don't chase trades. Wait for the next opportunity to appear before acting.
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