This morning I glanced at the market before breakfast and felt it was about time. Although I waited all night, the upward momentum hadn't weakened, so I didn't rashly open a position. When the market opened today, the signals became clearer, and I decided to take action.
1. ETH on the 1-hour chart showed a bearish engulfing at a key level, with clear CCI overbought signals, and started to fall back below 100, attempting to short.
~Stop Loss: 2840 (above the previous high)
~Target Levels: T1 2700, T2 2550, T3 2400
2. BTC on the 1-hour chart made three attempts to break the previous high but failed, confirming a top structure, accompanied by a dark cloud cover pattern and CCI overbought retreat signals, choosing to attempt a short.
~Stop Loss: 113000
~Target Levels: T1 107000, T2 104000, T3 102000
📉This is just a personal trading strategy and does not constitute investment advice.
I hope everyone can find their own strategic logic in reviewing and executing, with risk control being the most important. (In the second image, overbought was mistakenly written as oversold, which everyone overlooked)
