Yesterday, I asked everyone to short above 25900, which also made a small profit. The market is so volatile, there's nothing we can do! Why did I advise everyone to short yesterday? Firstly, the trend was bearish, and secondly, the technical indicators were showing a downtrend. Once the direction is determined, set the stop-loss, and no one will be hurt!
So today, the direction is very clear, the overall trend has not changed, and the 4-hour technical trend shows signs of the Williams indicator touching below -80, with RSI forming a double death cross. Today, it's still a short position. In any case, the short position I entered at 25940 yesterday is still held. Without any surprises, regardless of whether it's real or not, we will test the bottom again in the next few days. Looking at the daily chart, this big "gate" pattern has just begun! So as long as the overall trend and direction have not clearly changed, we should not easily bottom fish!
In terms of operation, I still recommend focusing on short positions. The short positions from yesterday should continue to be held, because I myself and my actual trading group are also holding them. Taking small stop losses to gain large profits is the correct way to operate contracts!
For more analysis of various currencies, you can find me, Lao Xiao, for real-time communication. Lao Xiao is a professional in contract and spot guidance, with many years of experience in market analysis. Customized position control and fund management can be provided. If your operations are not ideal and you want to follow my operations, remember to find Lao Xiao's work number (Lao Xiao said Coin Diary). I hope you are a dedicated person and can definitely find me! Let's create brilliance together and make every day beautiful! There is a sequence to learning, and expertise requires specialization. Friends, I am very happy to have met you by fate!
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