The market stabilized, and most currencies stopped falling and fluctuated. After the sharp drop on August 5, there was no inertial decline, indicating that the short-term momentum was exhausted. Yesterday's strong currencies all recovered their losses. Focusing on FIL, regardless of its fundamentals or historical trends, it performed strongly after this round of decline. Although FIL is bearish in the long term, it has shown resilience in the short term, with a high degree of consensus. Many investors are trapped and look forward to a rebound. At present, FIL is in the bottom area, has not set a new low, and the support is solid, especially yesterday's rebound was sharp, and the support near 3 US dollars was strong, highlighting the value of the mid-line layout.
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Mid-line operations require independent strategies and position management, and build positions in batches to avoid full-position betting. This is the key to risk prevention and control, and it is also the habit of mature traders. Looking at yourself and your surroundings, it is not difficult to find that good trading habits are the basis of profit.
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