Recently, I don't know how everyone's earnings are, but I think as long as we don't chase highs and sell lows, we should be reaping a lot of rewards.
However, at this time, I want to remind you that the daily line top is very likely to have appeared. In fact, I should have issued this reminder on the 18th. Fortunately, after being stopped out 4 times while trying to touch the top, I entered a short position again at 107500 on the fifth attempt, and today I took profit at 93500. Then I placed a long position at 94000, but the position was only 1/3 of the short position. This is because there were two possible scenarios: one was a direct drop below 90000, and the other was a 1-hour level rise, expected to reach the 100000-102000 range. Therefore, the long position can't be too large; I will close this long position at 100800 and place short orders again at 101000 and 102000. That's basically it.
It is important to note that this drop is at the daily line level, and we are currently in the first 1-hour level upward trend within the first 4-hour level downward trend of the daily line level drop. Understanding the levels clearly will make operations smoother.
