Timing, Location, and Harmony
This is important in business, and the same applies to trading.
Timing can be understood in trading as the time of a market change; the rise that started in August has been ongoing for 5 months, which is also the 5th wave since the rise that started in October 2022. A 3-wave rise lasted 8 months, while a 5-wave rise over 5 months is normal.
Location: This morning, both the large pancake and the mistress have tested the four-hour lifeline downwards. Although there hasn't been a substantial break yet, if this position breaks, it can be interpreted as favorable for bears.
Harmony: From 3 AM to 12 PM tomorrow, this is the time for the Federal Reserve and Bank of Japan's interest rate decisions. Ordinary people may focus on the positive news of a 25 basis point rate cut by the Federal Reserve, but the real impact lies in the speeches that follow, with rumors of a slowdown in rate cuts.
If both location and harmony are realized tonight, then we will have the timing, location, and harmony aligned for the bears, which will be a disaster for the bulls, spot trading, and scams.
