Currently, the market is in a fluctuating trend with the big and small fluctuations, making it easy to capture patterns. There have been multiple successful short positions. Updates are available.
On a 4-hour scale, draw a line at the top of the candlestick body, and another line at the same position below.
Stop loss
Draw shadows, for the highest and lowest points, above.
Be aware that in such a market, if it does not touch the two lines you’ve drawn nearby, do not entertain any thoughts of entering the market.
If it gets stuck in the middle, the probability of direct loss or turning a profit into a loss is very high.
In fact, if you don’t understand the fluctuating market, try looking at a larger scale, and you’ll understand it better.
Simply put, it’s just a doji candlestick.
Eventually, there will be a breakout.
Currently, it appears that the overall trend is upwards with higher highs and higher lows.
This is in the absence of external influences, such as macroeconomic factors.
If you don’t like frequent trading, then consider holding a long position at the baseline.
Break above the shadow line to form a second buy and increase your position.
If you still can’t grasp it well,
Just follow my trades.
Come on,
