30F, the nine-stage upgrade of the central axis, a very strong departure segment is played out, a very standard falling structure, but the force is greater than I expected. As a entanglement trader, this standard structure should have a plan. If you are trapped, you need to review and reflect.
As mentioned in the previous tweet, I cleared my position after the failure of ETH's 4H second buy the day before yesterday. Logic: The upward attack failed, and the central axis evolved into an expanding trumpet shape. Once it converges and evolves into a diamond central axis in the later period, it is likely to play a departure segment that follows the trend. Regardless of whether this is a divergence or not, this is a spot risk visible to the naked eye. As a trader, you need to avoid it.
5F, the same is a decline without divergence. According to the structure, there are three selling opportunities, but because it is in an oversold state, it is easy to fall into the central axis at this level, and the trend will not be very smooth. Therefore, it is recommended to start with the three buys of 1F oversold rebound.
Trading suggestions: Observe the formation process of the center at 1F or 5F. If there is a third buy, first do an oversold rebound. After the 30F rebound, pull out the short order profit and loss ratio, and then consider doing a third short sell.
