Although the market has been falling, there is no need to rush to turn the gun to the short position immediately
Instead, wait a few days, at least wait until the weekly candlestick chart closes before making further decisions.
Why?
This wave of decline is large, causing more dust and turbid water
So it takes time for the dust to fall to the ground and the water to settle clearly. At that moment, you can clearly judge the market situation.
Now the bulls have not been completely determined, and the bears also have strong subjective emotions mixed in, so both the bulls and the bears have tendencies.
What needs to be done is to turn things that both the bulls and the bears have tendencies into only one argument, either the bulls ignore the bears, or the bears ignore the bulls, rather than the possibility of being bullish and the bears
Or it is bullish when it rises and bearish when it falls.
If you can't figure it out, rest where you are.
For example, if you are in a situation where you can't figure it out now, then rest
Wait a few days and you will understand.
Time is the best direction filter!
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