Review of the order report from November 1 to today, November 8

In 7 days, a total of 12 orders participated

4 stop losses, 8 take profits

Current net profit is 1900 points

There is still a lot of optimization space

Review of yesterday's article highlights:

The demand for the rise in yesterday's title, with the price at 75000 at the time, last night's highest price was 76850, an increase of about 1800 points

Today's view:

Daily level:

The daily level today closes with a doji star

The day before yesterday, it rose 7000 dollars in one day

Rising so much at once, after a huge increase

What follows is the natural long-short game

The star line that appears during the upward process only represents one possibility

There is insufficient upward momentum, meaning the fuel is currently lacking

The main force needs to sell a little before buying again

But the overall upward trend has not yet ended

Although there is some pullback demand here

However, the current market sentiment is still predominantly bullish

The bullish sentiment at the top needs some time to dissipate and ease

Four-hour level:

After reaching 76850, a clear resistance signal K appeared for the first time

The previous 4-hour line closed with a top engulfing bearish K

This K line closed beautifully, followed by a bullish doji star

This indicates that there is already significant selling pressure in this price range

The market's selling sentiment has started to emerge after reaching a new high

While the bullish upward momentum is insufficient, there is gradually a demand for selling

One-hour level:

There are two points to pay attention to at the one-hour level:

1,

Forming a standard double top pattern

2,

MACD shows clear top divergence at the one-hour level and thirty-minute level

3,

Pay attention to the double top neck line position: the breakout situation near 75650

If it successfully breaks down, a pullback is established, with the pullback position around 74400

The first drop to the neck line from the right shoulder represents the first segment of a corrective decline