That fake breakout during the session was quite good at deceiving. $EWY looked like it might keep charging higher, but once it ran into pressure at the high, shorts actually showed up and moved in. From 198.58 to 175.77, the current position feedback is +282.16%.

In this kind of spot, it’s easiest to make people hesitate—chasing longs risks getting stuck holding the bag, while shorting also risks getting stabbed.

I didn’t even plan to go all-in; I just wanted to see whether, after it surged, it could still hold steady.

It ended up being pretty straightforward: nobody kept pushing up above, and the pullback started to accelerate. After shorts took profits, I reminded myself even more not to get greedy for the last bite—if I can take a little control, then take it first.

For this kind of chart, you don’t need to pretend to be a prophet. The more lively it looks on the surface, the more you should check whether anyone can actually hold up—if you run around following emotions, you’ll usually get shaken out.

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