Hello everyone, I am Shihun.
Let me talk about the market of big cake.
Figure 1:
1. At present, I will not place short orders or short orders for big cake, because it has fallen to this position, and the shape of macd is like the yellow circle in the figure, there is no empty shape, or there is no empty signal from the indicator, and macd is bullish.
2. At present, I will only keep guessing the bottom, because I think that every new low now may be the lowest point, including today's low of 59994. Later, I will only go to the left side to place orders. Yesterday, it quickly pulled up to 62300, and then fell down to 59934. Think about why? After inducing more, the chips of a wave of people who put the stop loss at 60000 were washed, so some funds got low-priced chips. Then there are two possibilities. The first is to pull up the price to sell, and want to get chips at a lower place. Then today 59994 is not the lowest. The second is that 59994 is the lowest point to start the subsequent upward trend.
3. I don't know which possibility, but I know that the next one may be a pin or stand from the perspective of the dealer or big funds, or you think of yourself as a dealer. I will take a long order at 58750, and put the stop loss at 58000, and the take profit can be set.
4. So what if 59994 is the bottom, wouldn't it miss the market? Don't be impatient. The appearance of the first wave will have a second wave callback. Confirm that 59994 is the bottom, then we can also enter when the second wave on the right side is callback. This is what I said about the combination of left and right sides.
Figure 2: When will the bulls become stronger?
Simple, when the price entity stands on the EMA200 daily moving average in Figure 2, that is, breaking through the range in the red circle, the bulls become stronger and can be understood as standing firm, then the probability of 59994 being the bottom will also increase.
If you want to go to Dali during the National Day holiday, you can go to my bar to take care of the business.
That's it for today. I've set a long position of 58750, a stop loss of 58000, and no stop loss setting.
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