This morning, while many traders are worried about the market dropping, I have 2 Short positions still running:
📉 $BR 📉 $AKE
These aren’t luck. I enter with a plan: defined entry zones, stop-losses, and position sizing. 👇
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Been watching how this zone's holding up after the recent dip. Price keeps bouncing here instead of slicing through, pullback structure looks more like a pause than a reversal. If buyers keep stepping in at this level continuation's probably next.
Price keeps getting rejected at the same resistance cluster and every bounce attempt is weaker than the last. Sellers are stepping in earlier each time, which tells you they're in control here. The structure's lined up for continuation lower if this zone holds.
Support's getting tested here and the reaction's been pretty clean so far—sellers aren't leaning in hard, and the structure still favors continuation if buyers hold this area. Watching how momentum develops off the zone, but the setup's there.
Yeah, plenty will fade this after the rejection earlier in the week. But the pullback's reading corrective—no real follow-through from sellers. If this zone keeps absorbing pressure without breaking structure, continuation's the higher-probability path.
$WLD has been grinding higher for a while now, and this support zone is getting tested — watching if it absorbs supply or just folds under pressure. If momentum shifts and sellers take over cleanly, the structure probably breaks. Otherwise continuation looks reasonable here.
Price pulled back into support and the selling dried up fast. Buyers are stepping in before the zone gets tested hard, and momentum is rotating back upward. The structure looks like a correction inside a trend that still has room to run.
Price keeps finding buyers at this level and the pullback feels more like rotation than reversal. Structure's still intact - consolidation here rather than breakdown. Watching how it responds if momentum picks back up.
Price keeps finding support here and the pullback structure looks corrective, not like conviction selling. If this zone holds through another test, continuation becomes the cleaner path—though one more dip wouldn't surprise me before it decides.
Is $FIL done bleeding or just catching breath? Looks corrective to me — the way it's holding here feels more like rotation than rejection. Bands are lined up clean.
Sellers tried pushing through support but momentum's fading fast. Buyers are starting to lean in where the zone's held before. Could be the pivot that leads into continuation if pressure keeps rotating.
OP's been grinding higher for weeks and this dip into support feels more like a reset than anything structural breaking. Pressure's rotating back to buyers here, bands stacked clean, and the zone's holding without much struggle—continuation seems like the path of least resistance from this area.
Support's been tested a few times here and buyers keep stepping in—pullback feels more like a reset than a breakdown. Structure still leans continuation as long as this area doesn't get carved through cleanly.
Buyers are fading hard into resistance and sellers are finally showing up with intent. The momentum that pushed this higher looks stretched, and I'm watching for continuation lower if this zone holds the rejection. Clean setup.
Resistance held and now we're testing it again from below. If this zone rejects cleanly and sellers step back in with conviction, we could see momentum build to the downside rather than another slow grind. Risk is continuation breaks through and flips the structure, but the bands stacking behind makes it worth watching.
A reclaim above the resistance zone would flip the immediate bias, but as long as price stays capped here the structure still leans lower. What I'm watching for is whether the next leg down expands with conviction or just drifts—real continuation shows sellers stepping in harder, not just passive bleeding.
Momentum's been rotating back to sellers after that rejection, and the way price is pressing into resistance tells me continuation is still in play. What kills this? If we see that zone give way cleanly with buying pressure suddenly taking over—then the structure flips and downside's off the table.
Price keeps getting rejected at this resistance zone and the bounces off it look weak—more corrective drift than actual demand. Watching to see if sellers stay in control or if buyers finally show up with conviction.