$ETH Evening Thoughts:
Some students say they can't understand this! My strategies are written in plain language, and you still don't understand. So I want to ask, what do you rely on for trading? Is it that you don't know the characters, or is it that the characters I write are not Chinese?
If you don’t understand, will you learn, or find someone to teach you? Just wanting to gain without effort, just hoping for luck to fall from the sky, will eventually lead you to a big loss.
If you don't understand this and that, how do you know that a young girl is better than an older lady? Who taught you if not yourself learning?
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Talking with Pictures: The second pancake at the 2-hour level is steadily rising with small green candles again, yesterday it fell down, today it has risen back up.
The biggest worry is that the second pancake will rise to a key resistance level and cannot break through, a big red candle will smash down directly,
then all the gains of the day will have been in vain.
For the second pancake, break through 2614 with volume for a long, break down 2604 with volume for a short, pay attention to changes in volume, and set a good stop loss.
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For the second pancake, if it breaks through 2637 at the hourly level, look upwards to 2680-2717; if it cannot break through, there's no need to look upwards.
At the 4-hour level, if it breaks below 2559, look for a pullback down to 2514-2454. The second pancake is moving independently,
if the first pancake doesn’t rise, that’s not a good sign.
Currently, the second pancake is moving in this box pattern shown in the chart; you can go long on a breakout and short on a breakdown. You can also sell high and buy low, and then disperse.