Many people rush to heavy positions when they see opportunities when shorting, but shorting and longing are different. When going long, you can avoid liquidation through reasonable position management; while shorting has greater risks, even a small position may be liquidated due to a sharp rise in the price of the currency.
Therefore, when shorting, you must wait for the right signal and bring a stop loss. You cannot rush into it based on the weak signal of the daily line. At least observe that the price has been tested once or twice. A more cautious strategy is to wait for the price to break through the range before entering the market, so that the risk is more controllable.
If you insist on the left side operation, you should also take a small position and set a small stop loss. After touching the right point, you can increase the position and increase the risk control line. Although I am bearish, I will not blindly continue to short, but will wait for a great opportunity.
