#趋势交易策略 Time Period: From Large to Small, Anchoring Main Trend

- Large Cycle Determines Direction: Prioritize looking at weekly and daily charts to determine the main trend (e.g., if the weekly closing price continuously hits new highs and does not break the previous low, it indicates an upward trend; conversely, it indicates a downward trend).

Example: Bitcoin's weekly chart has generated three consecutive months of gains, and each pullback does not drop below the 50% position of the previous increase, which can be determined as a main upward trend.

- Small Cycle Finding Opportunities: Under the main trend framework, look at 4-hour and 1-hour charts to find entry points that align with the main trend (e.g., when the main trend is rising, only act on signals that indicate the end of pullbacks in the small cycle).

2. Price Structure: Define Trends Using 'Highs and Lows'

- Upward Trend: Prices continuously create higher highs (HH) and higher lows (HL), meaning each round of increases has highs exceeding previous highs, and the pullback lows are higher than previous lows.

- Downward Trend: Prices continuously create lower lows (LL) and lower highs (LH), meaning each round of decreases has lows lower than previous lows, and the rebound highs are lower than previous highs.

- Sideways Trend: Highs and lows alternate but do not break the range, indicating no clear trend at this time, and direction selection needs to be awaited.