04742329173 Evening Viewpoint:
Big Pie, isn't there a large chunk of meat around 102000 that we should eat? Shouldn't we eliminate the liquidity at the 102000 position? It seems inconsistent with Big Pie's style of doing things. Or is Big Pie trying to accumulate a bit more liquidity at the 102000 position before taking it, creating an illusion for everyone that it can't go down and needs to build a bottom?
🥜
Talking with the chart: Big Pie on the hourly level seems to be forming an M-top. If it wants to form the M-top beautifully, it must break below 103869.
Furthermore, the hourly closing price must be below 103869 for the M-top to go further; if it doesn't break below 103869, the M-top won't go far.
Big Pie, if it breaks through 104420 with volume, look to go long on the right side; if it can give it, take another position; if not, just watch. If it breaks 103830 with volume and fails to recover, look to short on the right side; pay attention to changes in volume and set stop losses properly.
On the hourly level, if Big Pie breaks 104574, look upwards at 105808-106425; if it can't go up, it won't be useful.
On the 4-hour level, if 103521 breaks, look down at 102329-101452; the probability of going down is greater than going up, at least it should dip down first.
🥜
Continuing to look at the chart: If Big Pie can't go up or down, it will keep moving within this box range. You can do high selling and low buying around the upper and lower boundaries of this box. As for how many times you can take advantage of it, it depends on how many times Big Pie lets you. If it breaks out or breaks down, just set your stop loss and disperse.