I was exhausted from these two orders. The long order entered the market at 59600, which is the strongest support and the bottom guessing position. 59000 is the starting point of the falling market, so the stop loss is placed here, and the result is a 100-point loss. The upward short position of 62750-62800 is the layout point of the huge short order. With the resonance of technology, this is also an extreme point. The upward 63450 is the strong pressure of long price liquidation. As a result, the price hit 63400. So these two transactions give me the feeling that the main force wants to clear the chips and orders of most people too much, and each position is heading for the extreme loss position.
Let's talk about Figure 1: The first possibility is that if the price fails to break 63400 and starts to fall, it will be a callback of the second wave extension. The first callback position of this second wave extension is around 61800-61750, and the second position is around 60650. 60650 is a strong support, and 61800-61750 is the support of the moving average. If it falls to around 61800-61750 and receives support and closes with a positive line, you can open a long position. You can place a long order at 60650, with a stop loss of 59999. Figure 2: The second possibility is that if it breaks through 63400, it will be regarded as the start of the third wave. The third wave is generally the longest wave, so the third wave may extend or have a large amplitude. I just mentioned that 54200 is missing. I don’t know whether it is tested here. Then the landing point of the third wave is likely to hit around 65150 to start the fourth wave. In this case, if the second wave retracement is shallow, the fourth wave retracement will be deep. That is to say, after hitting 65150, the fourth wave will start to retrace, and the fourth wave may hit the position of 63500-63000.
You can also place a short order at 65150, with a stop loss of 66001.
Now, originally I wanted to connect the order with the pin level yesterday, but in the past two days, the price has been heading for a very outrageous extreme point, which is my stop loss level. It fell back to 63400 and fell back to 62384. It did not touch 62000. Now it is in a tangled position of going up or down. The originally expected weekend shock repair was destroyed by the one-hour MACD pattern. The capital inflow is very fierce, so I am more inclined to the possibility of Figure 2.
