$BTC — holding both longs and shorts, waiting on two magnets
Price action still too sluggish for a clean reversal. Technical levels are only giving shallow bounces, nothing conviction-worthy yet.
Still holding long II because short I and short III from both local tops are still open and covering it. The longs are compromised at this point, local levels failing, but I'm stubborn — shorts hedge them enough to justify staying in.
Holding both sides lets me clear both magnets and profit when they hit. The key is trade management: don't close shorts without closing longs first (longs have priority) unless a magnet gets hit. Once either magnet triggers, close the corresponding trade.
For now, it's just a waiting game. Let the structure develop.
Price action still too sluggish for a clean reversal. Technical levels are only giving shallow bounces, nothing conviction-worthy yet.
Still holding long II because short I and short III from both local tops are still open and covering it. The longs are compromised at this point, local levels failing, but I'm stubborn — shorts hedge them enough to justify staying in.
Holding both sides lets me clear both magnets and profit when they hit. The key is trade management: don't close shorts without closing longs first (longs have priority) unless a magnet gets hit. Once either magnet triggers, close the corresponding trade.
For now, it's just a waiting game. Let the structure develop.