Technology sharing - 🐑 Yang Moumou, (ken) TRADER
CFX-USDT
Reason: Hong Kong's hot spots have faded, and the market has gained about 16 times from the bottom to the peak. We can continue to pay attention to the subsequent positives.
The current price has fallen from the high point in the form of a double M head + head and shoulders top, followed by a rectangle + head and shoulders bottom relay pattern, and the right shoulder failed to rise and then fell.
The overall market volatility is small and the market is weak. Short sell when it pulls back to the bottom of the rectangle.
Currently, we do not consider going long (1. Pay attention to whether there is a market trend in the 0.113-0.17 range. 2. There is a positive trend of a strong breakthrough in the downward channel and standing above the 0.252 price)
Trading Plan 1: Short
Entry range: any signal to enter the market with a stop loss of 0.21-0.22 (enter the market with a stop-up signal)
Target: TP1 0.177 TP2: 0.148
Trading Plan 2: Short
Entry range 0.243-0.252 stop loss
Target: TP1: 0.218 TP2: 0.17
(Does not constitute investment advice)
