This article does not analyze the market; if you are purely interested in trading techniques, you can take a look.
First, reflect on my own entry position. The 4-hour level is too large; a 100-point fluctuation on the K-line is normal. The entry was too aggressive, and I cannot open a position like that next time! An overly aggressive entry often requires a larger stop loss to avoid being swept out during a secondary spike.
Secondly, let me explain why it is important to learn. Why do some experienced traders still lose money after reading my articles? Because they only see that what I said seems reasonable and follow in on the floating profit, only to have it pulled back directly, resulting in stop loss being hit or even liquidation during a secondary spike. Lastly, let’s take a look at the entry position of #颜驰Bit Chi Ge, which broke below the trend line, entered on the right side of a smaller timeframe, and the stop loss is easy to manage, placed at the previous high, making it more reassuring to hold.