ETHFI
Single top, sell
1. The daily K-line rose for a period and then initially stopped rising.
2. After the daily K-line fell for a period, it initially stopped falling and rebounded to a double bottom. Buy
1. The K line is rising. It opened high and fell back on the day, and then rose after the double bottom.
2. The K line bottomed out, fell back after opening flat on the day, and rose after a double bottom.
As a qualified trader
Every time you open a position, you should consider three questions:
Probability of rising
Probability of decline
Profit margins
If the probability of increase and profit margin are not large, opening a position will become meaningless.
I don’t know how to look at the current trend, is it going up or down?
Don’t know how to look at support and pressure? I don’t even know what level of buying and selling points are currently operating.
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