The daily line has risen for 4 consecutive trading days, and the price is approaching the 10w mark. What should we do today, Friday?
The big sun pulled up and the wind was turbulent. It bottomed out and rebounded in the early morning, and closed at the highest point. The daily line has four suns. This pattern can be confirmed as long:
1. The lower long-short watershed 95500 retracement low overnight
2. It has risen for 4 consecutive days. With this strong closing, today is definitely still mainly long at the intraday level
3. It rose in the morning, and pay attention to the continuation of the afternoon. 14-22 is still long.
Similarly, this pullback is urgent, and the retracement is also urgent, so the long stop loss should also be taken well. The reaction before the market is fast, and the position cannot be given in time. For reference, the recent trend is basically running close to the 5- and 15-minute moving averages. If there is a slight retracement of about 500-900, it can be arranged. If the strength is strong, it is not a retracement but a wash.
Take one step and look three steps ahead. Yesterday is the past. Follow the trend first and don’t make fearless sacrifices.
Let me talk about my orders. I adjusted my thinking. I 🔒 4 orders. I plan to finish this round of bulls first and then solve it. As a public mentor, I really can’t be so blind and follow the market trading concept!
Okay, that’s all. If you have anything to say, please chat in the comment area! $BTC $ETH #ETH市场新动向 #FTX偿还计划 $BTC