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When I will long next (Trade # 6)
Alright, good TP at 69k, it allowed us to wait comfortably for the next long. Didn't get our short area of interest of 73k. But with price dropping significantly and retracing almost the entire move, it does give us another nice long opportunity, which for me is time to start planning to get involved long again after TP'ing last trade @ 69k.
Not yet, 63k is not a good level, it only was for our last long. Per last post, I remind you I'd be interested to long again at 61/62k.
So we're not there yet, but it's getting close.
It's also good to see the war news unravel right as we head to 61/62k as it was causing tension in the markets. Price typically carves out its bottom on such war news, so that aligns well with our plan.
So ideally, I'd still want next week to drop us a bit lower, give us 61/62k to give us another classic start-of-week Astro setup.
So, yes the drop seems scary, yes war news seems intimidating to put money on the line, but those are the best times to long as we have often shown again and again in the past.
Not yet, only if we head below 63k at the start of next week in when I put my footstep onto the riskboards. But those prices and times are likely to come. Prices and times to long again low, and hopefully to TP again high for our sixth win in a row.
Buy low, sell high, rinse and repeat.