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To be honest, today's market movement has made me reassess my judgment. $XAUT initially showed signs of a rebound, but the rebound didn't sustain; instead, every time it went up, it was pushed back. This detail easily reveals weakness.
At the time, I was focusing on the key level feedback around 4308.7. I opened a short not because I wanted to bet on a drop, but because the price kept failing to hold. Now at 4035.7, a +588.77% profit shows that the timing of this short trade was decent.
There was also a counter- rally in the middle, which did test my mentality, but my trading habit is not to be swayed by a single candlestick—I first look at whether the structure has been broken.
This trade feels more like patience paying off. The next focus is not excitement, but holding onto the advantage already gained.
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