For our first trade, we based our short position on the previous high at 4821, and clearly set a stop-loss immediately after the breakout, then switched to a long position in trend.
After the price retraced and quickly surged, we decisively changed our approach and entered a long position, holding until 4837 to exit, capturing nearly 20 points of profit, perfectly timing the switch between bullish and bearish trends.
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For our first trade, we based our short position on the previous high at 4821, and clearly set a stop-loss immediately after the breakout, then switched to a long position in trend.
After the price retraced and quickly surged, we decisively changed our approach and entered a long position, holding until 4837 to exit, capturing nearly 20 points of profit, perfectly timing the switch between bullish and bearish trends.