When the price is above the 5-day moving average, 10-day moving average, and 30-day moving average, the trading strategy is to buy on dips. If it's day trading, wait for the price to pull back to a certain support level (such as previous highs, lows, round numbers, or the average price line on the intraday chart) before entering a long position. As long as the price is above the 30-day moving average, only long positions should be taken, and the direction should not change.
☕
When the 30-day moving average is broken or falls below, abandon the short selling strategy and switch to a long strategy. However, it is not enough to simply enter a long position immediately after the price breaks the 30-day moving average; one must also consider the subsequent market developments and use other technical indicators to find opportunities for going long.