Dong Ge, I have opened an empty 84650, now I am running away.
专注波段交易东哥
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Real-time market analysis teaching is here. When the market is sideways, it's our time to think, boldly predict, and then verify step by step. Dong Ge has never liked to explain the K-lines that have already formed unless it's for review and summary, as it has no practical significance for our upcoming trades. The big picture was mentioned in the morning; narrow fluctuations do not provide a meaningful basis for trading, but we can still feel the changes in the market from smaller timeframes. Due to the up and down wicks from yesterday and the small range, we are just observing without acting. Usually, when we look for entry points in a long position from the five-minute chart, the most common patterns are the V-shaped bottom, double bottom, and triple bottom. However, we should not memorize these K-line shapes rigidly; just because we see a double bottom does not mean we should go long. You must look for five-minute entries only when the larger context is confirmed and the direction is relatively strong. Because in different environments, even if the pattern is the same, it can represent completely opposite actions. In a bullish trend, a double bottom or triple bottom can be a signal to go long, but in a bearish environment, it should instead indicate a short position at the upper range.
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