【From the Daily Chart】
The daily chart shows a long-term major adjustment pattern at the bottom, which was followed by a smaller adjustment pattern that broke out. Wang Wang bought in on the fourth day after the breakout, possibly just noticing this breakout that day.
【When to Buy】
At the five-minute level, there was a long period of sideways adjustment at the bottom, followed by a breakout and continued upward movement. During the upward process, a short-term sideways adjustment formed, and the repeatedly tested low points were not broken. Wang Wang bought in when there was bullish entry at the low point.
【When to Exit】
At the five-minute level, there was a sideways adjustment, and Wang Wang exited at the middle position of the adjustment. After exiting, although the next day the bulls continued to rise sharply, sticking to trading rules is more important. Trying to get everything often results in getting nothing.