I took my long out earlier tonight.
I might miss a bit of upside but my gains were starting to melt a lil' too much.
I am neutral right now. I just wanted to point out a few other examples when there was a SOLID drop just short of the pivots above.
We never know. Sometime it is good to be hardcore while dictating to the market where we want it to go to get our 3:1 or whatever target people use.
It actually works here and there. However, many times, the market will turn just before our target as it is just too obvious to some big players.
We have to be ready to NEVER be exactly right.
I might miss a bit of upside but my gains were starting to melt a lil' too much.
I am neutral right now. I just wanted to point out a few other examples when there was a SOLID drop just short of the pivots above.
We never know. Sometime it is good to be hardcore while dictating to the market where we want it to go to get our 3:1 or whatever target people use.
It actually works here and there. However, many times, the market will turn just before our target as it is just too obvious to some big players.
We have to be ready to NEVER be exactly right.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.