Old Short-Trade Update and Long-Term Plan:
The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions. While this move is expected, there is a possibility of further downside, so it's crucial to trade cautiously and at your own risk.
Riskier Short Trade:
There's a chance it will descend from 68,400. I will be looking for one final short trade from that level. However, it's important to note that this trade carries higher risk, and only experienced traders should consider attempting it.
The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions. While this move is expected, there is a possibility of further downside, so it's crucial to trade cautiously and at your own risk.
Riskier Short Trade:
There's a chance it will descend from 68,400. I will be looking for one final short trade from that level. However, it's important to note that this trade carries higher risk, and only experienced traders should consider attempting it.
