Trading instructions
1. Trading direction: Open long (light position test order).
2. Execution reason:
◦ Technical logic:
▪ 15-minute long lower shadow + 4-hour RSI bottom divergence, short-term oversold rebound probability >60%;
▪ Price is close to the lower Bollinger Band (1,738.51) and the 24-hour low (1,721.22), with controllable stop loss space (risk about 1.2%);
▪ Target 1,757.85 (Bollinger Band upper band) + 1,770 (channel upper band), profit-loss ratio >2:1.
◦ Market environment: Betting on rebounds in a large cycle downtrend, strict stop loss required.
3. Confidence level: 7/10 (need to be wary of 4-hour bearish trend suppression).
4. Stop loss price: 1,721 (1 dollar below the 24-hour low, reasonable margin of error).
5. Take profit price: 1,770 (49 dollars away from stop loss, risk-reward ratio 1:4.1).
6. Trailing stop loss percentage: 0.0005 (if the price breaks 1,757.85, initiate trailing stop loss to lock in profits).
Strategy execution details
• Opening timing: Wait for the 15-minute candlestick to close bullish and break 1,748 (Bollinger Band middle line) to confirm bullish signal.
• Position management:
◦ If the price stabilizes at 1,757.85, increase position to target 1,770;
◦ If the price falls below 1,721, immediately stop loss and open a short position (betting on the continuation of the trend).
• Market status adaptation: Currently at the end of the oscillation range, suitable for short-term reversal strategies, avoiding overnight gap risk.
Risk warning
• Core contradiction: Short-term oversold rebound vs. medium-term bearish trend.
• Invalid condition: If the 4-hour level falls below 1,721.22, the trend turns bearish, need to stop loss and reverse position.
• Alternative plan: If the price does not break 1,748, and a bearish engulfing pattern appears in 15 minutes, close long and observe.
