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This round of long position finally played out. The best part isn't the rise itself, but the repeated pressing earlier that didn't break down, which already wore out the patience of the shorts.
$AIA I went long around 0.05162. What really caught my attention at the time was that the pullback didn't break support. The sell orders looked fierce, but the price just wouldn't be pushed down. Many were still waiting for a deeper level, but the chart reacted first, and the structure clearly changed.
Now the price is at 0.05381, floating profit has reached +104.11%. The release of this move has been quite clean. My approach is still the same: split into 70/30 batches, take profit on the first portion, and keep a trailing stop on the remaining to watch for extensions. Don't let the profit already earned be taken away by a single pullback.
This is not a level to get excited about chasing. The higher it goes, the calmer you need to be. If you're not on board, don't rush. Don't chase. Wait for the next pullback confirmation, wait for a more comfortable entry point.
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