Is a new round of 4-hour plunge coming?

After waking up, the big cake is still sideways around 62,000 waiting for direction, but the cottage erupted. I dare not go short easily in the recent trend cottage. I am always long, but because of the position multiple problem, I can't withstand the shock. Forget it, I am destined not to have this fortune. There is no big problem in the general direction. Pay attention to position management in the future. I think my contract career can still continue to make profits. I am not worried about my subsequent contract progress at all.

I still want to share some things to pay attention to with novice friends. At present, the big cake four-hour level has broken through the upper Bollinger rail and is sideways. It is worth noting that you should be alert to the callback. Although the trend line is still open upward, it is possible to return to around 60,700. Just like yesterday, it stood at 61,000 twice and still pulled back to 59,100. For big cake, 1,000 points in the near future are nothing. If you are bullish, you don’t go long. If you go long, you have to wait for a callback.

In the state, as I said in the morning, a lot of short orders have been accumulated at the 12-hour level, indicating that there are more high-multiple players entering the market to short at this moment. If the short position is profitable at this time, it is recommended to leave early, and the short position purpose has been achieved. Data will be released at 8:30 tonight, regarding unemployment benefits. Given that the interest rate cut has started a new cycle, the market should still be mild in the short term. If there is no opportunity to continue to pull back, those who have not entered the market should still be bullish and not do more to minimize the risk.

It takes funds to pull the market. It just so happens that there is hot money in the market after the interest rate cut. Normally, my retail thinking tells me that there may be a new upward trend. However, combined with the unexpectedness of the currency circle, I will not continue to chase the current position. I will only get on the bus if there is a pullback opportunity. For the time being, I have to enter the market to short at around 63,500.

63400 Near 63,500, I may enter a small short position at a low multiple. Watching the high-multiple players around me blasting every day, my current trading mode is also slowly changing, and I still firmly believe that slow is fast. Yesterday, all the friends who shorted the Shanzhai suffered heavy losses. Whose general is Reef? It continues to break new highs. In the face of the general trend, you have to trade against the trend and make short profits. For example, the current 4-hour level is still in an upward pattern. I don’t think it’s so easy for you to enter the market and short at 53,000.Maybe someone can catch the top, but I don’t think I will be that lucky one.