I held through the drop of #XAU to capitalize on this pump. Others would have bailed, and the same goes for the opposite; I hold through the pump to take advantage of the drop. There are always 3 options:
🔰 Wait for the drop and buy
🔰 Wait for the pump and sell
🔰 Or capitalize on both
The third option can be risky if you don't have a solid plan and strategy that you've thoroughly analyzed and stick to. In my case, I like to leverage both bullish and bearish trends, so I mark my buy points. When it hits my target, I close the trade but then open another short, and when that hits my level, I close again and buy back. I do this continuously because I know my indicators well, which signal me the right moments to pull off this maneuver. 😅 #XM #TradingCommunity #Binance #oro
🔰 Wait for the drop and buy
🔰 Wait for the pump and sell
🔰 Or capitalize on both
The third option can be risky if you don't have a solid plan and strategy that you've thoroughly analyzed and stick to. In my case, I like to leverage both bullish and bearish trends, so I mark my buy points. When it hits my target, I close the trade but then open another short, and when that hits my level, I close again and buy back. I do this continuously because I know my indicators well, which signal me the right moments to pull off this maneuver. 😅 #XM #TradingCommunity #Binance #oro