The XAU move we discussed earlier played out smoothly, and those who followed the momentum have banked another profit. High-reward opportunities don’t wait around, and the current market structure of $SOXL is worth watching for a potential reversal. The rebound looks lively, but volume hasn’t followed through. Each time price hits the resistance zone above, it gets pushed back, suggesting buyers lack conviction.
Have you noticed that when price repeatedly fails to break through a level like this, the odds of a move lower actually increase? Once key support gives way, there’s room to fall. I’m inclined to open short positions when the rebound loses steam. The aim is to capture the trend after the structure weakens, rather than trying to call the bottom or pick the top.
🔴 Trade direction: Short
📍 Entry range: 97.99 – 103.99
🛑 Stop loss: 105.99
🎯 Take profit 1: 93.99
🎯 Take profit 2: 87.99
No need to chase the wind—the wind will settle in its own time.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#SOXL
Click below to trade 👇
Have you noticed that when price repeatedly fails to break through a level like this, the odds of a move lower actually increase? Once key support gives way, there’s room to fall. I’m inclined to open short positions when the rebound loses steam. The aim is to capture the trend after the structure weakens, rather than trying to call the bottom or pick the top.
🔴 Trade direction: Short
📍 Entry range: 97.99 – 103.99
🛑 Stop loss: 105.99
🎯 Take profit 1: 93.99
🎯 Take profit 2: 87.99
No need to chase the wind—the wind will settle in its own time.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#SOXL
Click below to trade 👇