This seemingly ordinary pullback is actually a reallocation of power between longs and shorts. Earlier, the price tried to move up, but it never formed effective follow-through—this is why I continue to focus on the short side.

In this $XAG record, the opening price was 68.59. After the price dipped to 59.81, the trend started to match expectations, and the +1187.22% response also shows that the timing has already played out for a stretch.

My observation is that the first leg after a breakdown is often the biggest test of one’s mindset, because a mid-way rebound can interfere. As long as the structure hasn’t been pulled back again, I’m more willing to respect the original call.

Missing this wave is fine too. Trading isn’t about one market move—it’s about long-term judgment.

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