After the morning daily line retracts, it directly moves down quickly. After advancing 2000 miles, it then lightly chases another 1000 miles. The position is basically taken directly at the lowest point. In the morning, when the Middle East starts fighting, everyone is shouting that it will go down further, down further, but here it is completely unmoved, directly turning around. Why?
The answer was mentioned in the morning; this is not the first time it has opened up. So as long as you pay attention at the beginning, you will know, but such details are easily overlooked. Additionally, time passes, old hands forget, and new hands don't know, so all of this is experience. And why is the target just right?
The target being just right depends on the daily line. In the morning, it came down from 105660, so this is a high-level resistance. Therefore, there is a pullback, but you cannot look above the resistance. If the resistance is not broken and it falls back, it will retrace. This is also why it has been emphasized to place the target below the resistance and above the support. Also suitable for being stuck 🍑 and the position. $BTC