$NOT started to fluctuate in the evening. Tonight's data looks like pure outflow, but those who have been watching the market know that the index has actually been rising during the day today. Only the wave at 8 o'clock in the evening was a tentative decline, and it rebounded very quickly. As we can see from Figure 1, the short-term pressure is at 0.02058, and the general direction is bearish. Why do you say that?
Although yesterday's non-agricultural data is one positive and one negative, it is actually negative, because these two data affect the subsequent interest rate cut decision. We know that the biggest influence on the trend of digital currency is actually when the Federal Reserve will cut interest rates. And this time the information expresses that the Federal Reserve believes that the interest rate cut will be postponed, so Lao Deng said in the previous article that this news is negative. Then we can judge that we can short this wave very well, and the key is where to do it. The next step of Lao Deng's NOT strategy is:
NOT: open short at 0.2016-0.02058, stop loss at 0.021, take profit at 0.1725
(The basis for Lao Deng's order is that the bad news has landed, and the price should go down in a short time. There are risks in opening orders, so open orders with caution)
