There were many friends asking me about my opening strategy in the live stream yesterday. I’ll explain it in plain language. I don’t understand left-side trading or wave theory. I rely on my own trading logic and philosophy to open positions.
Let’s talk about yesterday’s operations.
Yesterday, the market gave me the feeling that in the downtrend, 957 could serve as a short-term target, and I also mentioned the stop-loss at 931. This range has a total space of 8000 points. In the long and short game, both sides stand at 4000 points, with 990 as the dividing line. So I have also mentioned that anything above 990 can be shorted. Of course, the closer you are to the stop-loss level, the better your position. The whole process is about taking profits and expanding profits. I believe that in this market, the principal is paramount; only when opportunities arise can you seize them.
I don’t know if everyone can understand, my writing skills are not great, so please bear with me. If you like it, you can give a follow or a like. 🤪🤪$BTC