XLM - Patience Will Help But Understanding This Is Critical...The positive aspect of making adjustments to my analysis is that it doesn't immediately impact the current trade; instead, it aids in preparing to either increase the position size or reduce risk. In this video, I walk you through my updated analysis on a smaller scale, showcasing the outcomes of adopting a critical perspective over the past 24 hours since the last update, and elucidate my rationale behind this approach.
While we remain favorably positioned for an upward movement, it's essential to recognize that this won't unfold in a linear fashion. For those engaging in leveraged trading, I recommend exercising patience for a more favorable entry point, which I'll shortly provide.
I emphasize this stance while the market is trending higher, to prevent unwarranted pessimism on my views.