Is the big pancake about to hit 100,000 and will there be a significant pullback? The big pancake is oscillating at a high level, is it a top turning bearish or will it continue to break through?
I can only say, never guess at any time. The current upward trend remains strong, and the bullish pattern has not changed.
Do not try to touch the peak during a consolidation; in an upward trend, a pullback correction is not a top. A top can only be likely identified when a top formation appears.
What we need to do is correctly identify trends and directions, effectively grasp the timing of entering and exiting, and understand the difference between adjustments and trend reversals. As long as you achieve these points, you have already outperformed 90% of the market. If you also enlarge the cycle and manage your positions well, you can basically achieve stable profits.
