$BTC Evening View:
These few days of continuous new lows are just like the previous few days of continuous new highs. Why can many students only accept continuous new highs, but cannot accept continuous new lows? Only allow to rise, not fall?
Please tell me why? If you can't accept the retracement, don't come to this circle. Stay away as soon as possible to avoid sadness.
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Look at the picture: If the US stock market opens at night, short one hand. Students who want to go long will wait for 93437 to give a light position to add one hand, and 94707 will be falsely broken and recovered.
The left side order must be light, and the stop loss band is good in the figure. Only choose one direction to do it, and never eat both long and short. Or which strategy comes first, do which one, long orders can only eat rebounds, not patterns.
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The 1:1 retracement position of the Fibonacci 4-hour level is 93155, and continue to retrace to see 87200.
Only if the 1-hour level breaks through 95800, can we look up to 96827-97853.
At the 4-hour level, if the 94253 entity falls through, it will go to 90000.