How to determine the end time of the mid-bear phase, I recommend everyone to learn an indicator: Bollinger Bands (BOLL)

Typically, this indicator is represented as BOLL in software. This indicator generally has three lines: upper, middle, and lower bands. When the trend is above the upper band or below the lower band, it is considered an extremely strong state, and it will definitely appear when the central zone moves; the only difference is that the former indicates strong upward movement, while the latter indicates strong downward movement.

This indicator can be very effective in assisting the judgment of the second type of trading points, and sometimes it can also be used to judge the first type of trading points. Generally speaking, when the price falls back from the upper band to the middle band or rises back from the lower band to the middle band, it indicates a transition from an extremely strong area to a general area. At this point, if there is again an upward or downward movement that creates a new high or new low, but cannot effectively return to the extremely strong area, it means entering a mid-bear state, which indicates the emergence of the first type of trading points. However, it is more effective for assisting the judgment of the second trading points.

Note that this auxiliary judgment is more technical than the MACD technique; one must continually look at charts, review, learn, and verify to enhance their theoretical confidence and practical confidence, and continuously summarize trading experiences to gain insights. Only when one verifies, comprehends, learns, and ultimately executes will it transform into their own understanding. Here, I am merely pointing to the moon; to turn the moon into your own, you still need to put in the effort yourself.

In the next few days, I will be recording teaching videos for members to learn, and the Rocket Class Pro, which will start on the 25th, will also update the content of this lesson~