Review｜Thought process review
On 25/2, I anticipated the market would drop to 87,664 when the monthly line opened
Remove all the low points of January and February for a rebound
Looking back, it dropped to 91K before stopping and rebounding
The delayed 87,664 is only arriving at the end of the month
The reaction from the day before yesterday shows no signs of stopping at 4/1H
So I gave up this bullish point
And reorganizing the next views ↓
M｜Monthly
MX$104,792｜Monthly liquidity withdrawal
MR$102,433｜Monthly pressure
MSBR$93,579｜Monthly support turns to pressure
MRBS$71,330｜Monthly pressure turns to support
MTL$75,792｜Monthly trend line
Figure 2｜Line chart
SNR trend line drawing method
After forming the two points, switch back to the candlestick chart to find the entry
After breaking through, it becomes a fresh trend line
At most, enter a fresh state twice and then it will no longer be effective
W｜Weekly
WX$107,237｜Weekly liquidity withdrawal
WR$102,611｜Weekly pressure
WX$97,000｜Weekly liquidity withdrawal
WSBR$93,740｜Weekly support turns to pressure
WRBS$71,330｜Weekly pressure turns to support
S1 ｜82,000•71,300•104,792~107,237
Drop down to $71,330 to test WMRBS and also test MTL
The best case is to complete the retest by 2/28
Finally, the monthly line closes at MTL$75,792
Then next month I will look for a bullish rebound to MR+WR
And forms a long upper shadow, removing MX+WX$104,792_107,237
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S2｜82,000•97,000•71,330•104,792~107,237
Taking WX$97,000 to test M+WSBR
Then drop down to MTL$75,792 to test
Follow the trend to test M+WRBS$71,330
The best case is for the last weekly line to close above the MTL
This way, M+WRBS/MTL will be completed (without breaking down)
The next rebound view is the same as S1, removing MX+WX
Looking for a rebound to $104,792~$107,237
Filling in my forecast for the monthly line trend model
S1｜Complete all lower points next month
S2｜Next month will be volatile, dropping first and then rising in April
The above views are all based on the monthly line not breaking below MTL
After breaking down, there won't be too much optimism for a rise
Currently, both the bullish and bearish markets are irrational
Need to wait for 97,000 Short/71,300 Long
Afeter｜Future market
I will use SNR for both left-side + right-side trading
So no hanging order operations will be conducted
The above view is a guess at the price 'reversal point'
Starting in March, I will proceed with
A month-long 'Trader Incubation System' live broadcast