WHAT IS GOING ON????
Imagine shorting gold kek lmao
End of the parabolic move thought?
Looks like the last one that ended a bit higher
Gap could get closed, could.
Idk why people fade gaps when it explodes like this, some stops must have gotten destroyed.
So SL could be moved now, a little under the previous high should make sense to me.
Last time it went not that far under after the second top, then consolidated for a while then up again.
So is it just greedy to want to stay in long term?
It could be a while before it goes up again, last sideways lasted 1.5 month.
Should give up too much also, reward to risk is bad otherwise.
For now, SL below the "gap" I think is what makes sense personal opinion, later on we can rethink it.
Imagine shorting gold kek lmao
End of the parabolic move thought?
Looks like the last one that ended a bit higher
Gap could get closed, could.
Idk why people fade gaps when it explodes like this, some stops must have gotten destroyed.
So SL could be moved now, a little under the previous high should make sense to me.
Last time it went not that far under after the second top, then consolidated for a while then up again.
So is it just greedy to want to stay in long term?
It could be a while before it goes up again, last sideways lasted 1.5 month.
Should give up too much also, reward to risk is bad otherwise.
For now, SL below the "gap" I think is what makes sense personal opinion, later on we can rethink it.
I think we should have something at least as strong, with only higher lows.
So I am moving my SL to the previous low.