04.25 Short-term Trading Plan
Currently not operating with open positions. The arrows in the chart mark the candlesticks, representing the 'High Waves' from 'Japanese Candlestick Charting'. The market's short-term outlook is unclear; if interested, you can read 📖 'Japanese Candlestick Charting'.
Yesterday's short positions continue to play out. If the upper high point is broken, take small profits and exit the short position; if the bearish structure continues, take large profits and exit the short position.
Focus on the breakout near the upper high point of $94,900 and the breakdown at $91,619 shown in the chart.
If it breaks upward, a bullish structure will appear, and evaluate the emerging bearish structure to look for long positions (if it appears, I will post an evaluation).
If it breaks downward, a larger bearish structure will appear, and it is necessary to evaluate the targets for the bearish structure to look for long positions (if it appears, I will post an evaluation).
