$BTC
Here is a unified answer:
Some friends have left messages asking why, when looking for a rebound around 9.15, it is still possible to look for downward testing here at 10.2 and 10.5.
1. The 9.15 position comes from the lower edge of the channel combined with the support resonance level, making an entry for the rebound based on the chart structure given by the left and right side movements.
2. The 10.2 and 10.5 range is the turning point since the 10.8 pullback; only by breaking through this range can we use 9.15 as the starting point for the phase to create a bottom expectation.
So how do we play in this situation?
1. Just like in the previous phase, there is a downward expectation with a small-level rebound expectation. Are the small and large cycles contradictory? Actually not; the structural turning points are different. The small cycle targets for entering and exiting during the rebound, while the large cycle maintains trading at the position.
2. So it is the same in the current situation.
Is there a downward expectation? Not really, right?
Has the structural position arrived? Are you afraid of a one-sided market? Then look to the right side.
Light positions on the left side, with a breakout stop loss; just hold two positions for trading, and a stop loss at the key level is also correct. It's that simple; fear only comes from your anxiety.
Fear? Then look to the right side, entrust the position to time, rather than wanting to eat and being afraid, while also unwilling to wait for the right side.
Trading itself is about dealing with probabilities.