I took a Short position on XMR because the price has reached a strong resistance area at 504.33 and formed a rejection with a long upper wick, indicating significant selling pressure at that level. This condition is reinforced by the RSI(6) indicator, which has already touched 86.42, signaling an extreme overbought (severely overbought) status, as well as the large distance between the price and the EMA(99) (446.02), increasing the likelihood of a technical correction (mean reversion) to balance the already too-steep upward trend. #USNonFarmPayrollReport #xmr #USTradeDeficitShrink
Opening a short GMT position as price failed to hold above resistance at 0.0227. Current movement is turning bearish and testing the EMA 25 level. Waiting for confirmation to target the psychological level at 0.0200. Trust the process! 📉🚀 #GMTUSD #USNonFarmPayrollReport #BinanceHODLerMorpho
Almost 3 years away from the market, many phases passed without charts and entries. This long break wasn't without reason, but it became time to learn, evaluate, and rebuild mindset.
Now, finally decided to come back. Not because of FOMO, not because of following the crowd, but because feeling mentally and strategically more prepared.
Deposit of 259 thousand as the first step. Start small, the important thing is consistency, discipline, and sticking to the plan already made.
Slow but steady. Focus on the process, manage emotions, and let time do the work. This time goal isn't about speed, but about lasting.