If you rigidly apply the wave theory and draw an analysis chart with a weekly chart of 5 waves, where the 5th wave is an odd wave and an upward wave, buying long on a 30-day line during an upward wave pullback will get you trapped. Many bloggers' bullish basis comes from the weekly 5 waves;
I personally released the eight-wave bear. Some sharp-eyed observers saw that the pig power used wave theory for a variant. In response to my message, they firmly believe it is the 5 waves. I replied to one message stating that the reason for the strong and long bullish candle is that seven is about to turn into the eight waves! The observing fans realized it was a variant of the eight waves;
This brother, if you have realized the truth of the eight waves, please reply to my message: this brother has indeed realized it; I don’t want to explain too much! Being able to realize it is because your foundational theory is solid, and you have the trading talent to understand!
The big pancake officially enters the eight-wave bear market at 16:00 on December 18, 2024, at 106475 points! The basis is that the K-line language indicates a bearish close on the four-hour chart below 108353 points;
The eight-wave bear personally released a message 🈳 Did you follow along and profit??