Crude has arrived at the WL1.
The move to the upside was very harsh.
And if you look close, you see that it was a fast exponential move too.
Most often then not, such moves lead to a fast drop, when all the Bulls are sucked in...
It's a nice confluence point up in here, so I act and go short.
Aaaand I got toasted immediately for a loss of round $500 per contract.
How do I deal with this now?
The loss was calculated, possible and - in fact fair, because I acted far too fast.
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