扶梦

Replying to the previous article, I have already taken my first profit at 50%, and I will continue to observe the remaining portion. The article refers to the one about CFX on the homepage. In just two days, I have successfully completed one and a half orders, and I am very happy because it confirms that what I learned some time ago is indeed useful. At the same time, by reducing my position, I have gone from checking the market every few minutes to being able to not look at it for several hours! I believe this is a huge improvement. Keep up the good work! 😘#CFX

I was very happy to wake up at noon because the market trend met my expectations. There was indeed a shakeout, but I did not choose to enter in two batches, so I became more convinced that this trend might not just reach the previous high, but could even approach the resistance level near 0.87 above! Looking back at HIGH, I ultimately made an incorrect analysis because it did reach the first take-profit point. Although demand was strong, supply still exceeded demand, leading to a further price drop. #HIGH #CFX

Continue posting, expressing my views on HIGH. Below is my first take profit point. Although this trade's profit and loss are very average, at least the short-term direction is correct. I will close the position and explain my logic. The two candlesticks I circled, one with huge volume, and the price did not drop significantly. What does this indicate? I believe there is demand below, and everyone is buying at this level, so I think I can take a position. Moreover, to the left is a vacuum area, which means if it goes up, it will quickly reach my entry point. Additionally, the 4-hour level is also in the direction of upward movement, so I choose to close my position here.

I will open long positions in the red area below.
Logic: First, it is still in an upward trend, so we choose to go long. Secondly, this position was previously a resistance level, and it happens to be between the 0.5-0.618 levels of the Fibonacci retracement. If this position does not hold and does not rebound, I will stop loss below!
#CFX

The blue flag is the final take profit, the blue text is the first take profit, and there is a demand zone near the blue text. The subsequent trend may continue to decline or may rebound, so we will first take a 50% profit. If it rises back, we will close near the cost, and if it continues to fall, we will hold until the second take profit target. (Actually, I am quite happy because this is also my first public record, and the price is moving in the expected direction. In the future, all my trades will be executed according to this plan: a stop loss is a stop loss, and a take profit is a take profit.)

First of all, this has broken through the rising trend line, and the trend has changed and it happens to be Fibonacci and the retracement is 0.5-0.618. It can't go up and receive supply, so it verifies my idea. You can choose to open a short order, but (because I have to sleep, I won't observe the closing line of this hour, so I won't open this order, let's just treat it as an assumption!!!) If other people in the square see it, don't be anxious, wait for the one-hour line to confirm!!!!
#HIGH