⏺ The Ultimate Trading Rule with 12 Years of Zero Losses on Wall Street
▪️ This rule includes three conditions
Break the Downtrend Line: During the rebound process, the price must break above the previous downtrend line.
Hold the Support Level: During the pullback process, the price must not fall below the previous low.
Break the Neckline: The price must break above the previous neckline to complete the three conditions of the one-two-three rule, thus reversing the original downtrend structure and forming an uptrend.
▪️ Practical Steps
Buying Conditions
Determine the End of the Downtrend: Use the Two-Peak Rule to determine the end of the previous downtrend. If the price does not continue to fall after breaking the neckline but instead rises above it, forming a two-peak, the first batch of positions can be established.
Confirm the Uptrend: When the price breaks the downtrend line and holds the support level during the pullback, then subsequently breaks above the neckline, completing the three conditions of the one-two-three rule, additional buying can be made.
Selling Conditions
Reach Target Price: According to morphological principles, the price usually rises to a position that is double the distance between the previous low and the neckline. If the price reaches this position and then begins to correct, consider reducing positions or exiting completely.
Inverse Two-Peak: If the price does not continue to rise after reaching a high but instead falls back, forming an inverse two-peak, this is also a signal of trend reversal.
Break the Trend Line: If the price breaks below the uptrend line, it indicates that the trend may reverse, and one should exit completely. #比特币巨鲸动向 #BTC走势分析 $BTC