For the long position at 4732, move the stop loss to 4735 — we're taking a chance on this setup. The short position remains unchanged from this afternoon.
Although I’ve been quite accurate recently, position management remains key. Avoid going all-in. I can also face continuous losses, and if the position size is too large, a single loss can become difficult to recover from. You can refer to the comments section of my post from yesterday for more on this — I’ve discussed position sizing in detail there.
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🟩 Long Position
Entry: 4735, add more at 4710
Stop Loss: 4710
Take Profit Targets:
🎯 4810
🎯 4845
🎯 4868
---
🟥 Short Position
Entry: 4842, add more at 4868
Stop Loss: 4890
Take Profit Targets:
🎯 4805
🎯 4772
🎯 4735
> If it reaches the short entry zone, the next two take-profit levels will be long positions, and we will reverse to bet on a new high.
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📅 8/24 Evening Update
For the long position at 4732, move the stop loss to 4735 — we're taking a chance on this setup. The short position remains unchanged from this afternoon.
Although I’ve been quite accurate recently, position management remains key. Avoid going all-in. I can also face continuous losses, and if the position size is too large, a single loss can become difficult to recover from. You can refer to the comments section of my post from yesterday for more on this — I’ve discussed position sizing in detail there.
---
🟩 Long Position
Entry: 4735, add more at 4710
Stop Loss: 4710
Take Profit Targets:
🎯 4810
🎯 4845
🎯 4868
---
🟥 Short Position
Entry: 4842, add more at 4868
Stop Loss: 4890
Take Profit Targets:
🎯 4805
🎯 4772
🎯 4735
> If it reaches the short entry zone, the next two take-profit levels will be long positions, and we will reverse to bet on a new high.