BONK
Channel closure relies on the sideline, three lines converge to the green line, buy
1. On the 3-minute K-line chart, the descending channel has been closed, the 5, 10, and 20 moving averages have flattened and glued together, and are approaching the green 60 moving average.
2. On the 5-minute K-line chart, the green 60 moving average begins to flatten, or has flattened.
What to do when the technical and fundamental diverge
No matter how good the technical form is, if it diverges from the fundamentals, it is the best time to reverse the operation, and you can hold a heavy position against the market.
Real traders only care about two things:
1. What should I do if the trend proves that I am right after I buy!
2. What should I do if the trend proves that I am wrong after I buy!
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