10.72📍
Are you daring to short again here❓
Trying to short at a small level, entering with a light position, short-term position preferred.
Let me share my thoughts: I still hold the short position at 10.87 that I posted this morning, expanding the light position for significant gains.
For high-frequency trading, we look at the 1-hour and 15-minute levels; overthinking is useless. Currently, there has not been much change. The small level has already broken below the MA30 daily moving average, and the rebound has not broken the intraday high, leading to a significant drop accompanied by a small rebound. The reason is that the divergence signal given by the 4-hour structure is too strong. Therefore, at this position of 10.72📍, it is relatively favorable for the high-frequency short viewpoint to hold, based on the principle of resonance.
Below, 10.58-10.42 is all within the box resonance interval. We will plan the next steps upon reaching or breaking this level. In any case, I believe the possibility of a breakdown is slightly greater, or that only by shorting can one preserve capital.
