📍Trading strategy: Awaiting a test of $28851
📈Positions that require special observation in the short term【29665｜28851】
The price behavior in the past was very vague, with high K-line overlap and frequent reversals, suggesting that the market was in a range. From a 2-hour perspective, there was an obvious convergent triangle pattern, which is also a type of range.
It can be said that it is a breakthrough and a retracement, and it has reached near the upper boundary at the same time. However, considering that the previous K-line showed the hesitation of the market, it means that the uncertainty is very high. There is a chance that it will fall a few bars and then pull back immediately, which will be potential. risk.
📍You can look for opportunities to go short, but you must understand the risks and anticipate stop losses. A reversal signal has already appeared, but it is better to wait for the second signal.
