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For details, click to watch: Is the little bull showing its horns? Gaining momentum early, waiting for a breakthrough in the narrow range oscillation of the market, and seizing the opportunity to strike back
Yesterday, we talked about how to deal with the frequent oscillating market recently, and how to operate after a breakthrough unilateral market following the oscillating market. These are all practical knowledge. I wonder if our fans and friends have mastered it. Today's market is still the same, with narrow range oscillations. The lowest point of the day is around 1610, and the high point is at 1640. The first support level for everyone to refer to is around 1610-1630, which means that if you entered the market around 1610, you would have a profit of about 30 points. If you entered the market with an order at 1630, the profit might be less, only about 10 points. But that's how the market is. Even with a precise strategy, if the market doesn't cooperate, there's nothing you can do. In the previous video, I shared with everyone the operational skills in the process of trading, why add positions? What is the significance of adding positions? How many times to add positions? Where to add positions? Why choose to layout long positions in the middle even though it is clear that the overall trend will definitely fall? All these doubts were explained in the previous video. If new friends haven't watched it yet, they can listen carefully and then look at our support/resistance strategy. Only with a strategy and skills can we be invincible. I will explain the indicators and market trends in the video. As for the current trend, the narrow range oscillation continues, and even the first resistance and support levels have not been broken. This means that the short-term cycle can still continue to use the support and resistance shared by Cheng Cheng to profit. If the market breaks through the second support or resistance outside the market, then we need to be vigilant and follow the trend. In a word, "chase." Please listen to the specific explanation in this video!
Daily trading updates and article strategies. Friends who trade small currencies can follow Cheng Cheng's public account for real-time guidance!
This article is exclusively created by Teacher Cheng Cheng, specializing in styles: mobile lock-in strategy around high and low support and resistance, short-term swing high and low, and medium and long-term trend trades.
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