The structure mentioned earlier has now grown It has not only broken the turning point of the small cycle but has also entered the pullback zone Therefore, our expected position for the long below has also changed, specific position see the chart And at the same time, I will share a new expectation for a short position That is the overlap of the last small bullish expansion and pullback For stop loss, the aggressive one is placed at the purple turning point, the conservative one is placed at the previous high For reference $BTC
The previously mentioned connection still exists and the earlier low points have been broken, indicating an expansion of the bears The turning point has not been突破, indicating that the bearish trend is still continuing In summary, the structure has not changed Opportunities can still be expected $BTC $
Currently, this major bullish pullback (blue) and minor bearish expansion (green) have overlapping opportunities. Those interested can pay attention to the long opportunities on the left side here. Looking forward to a head and shoulders pattern here. This way, after going up, there will be opportunities to short. PS: The above is only valid if the structure does not change. $BTC
The previous high has been broken, and the upward extension has been opened. At this moment, we are all in the selling zone, which is not advisable at most. However, one can have expectations: If the structure remains unchanged, one can place a small risk control short at the Fibonacci level 2. Set the stop loss above the turning point at the D level, and remember to move the stop loss for risk-free speculation if there is a reaction. The premise is that the structure remains unchanged; if there are changes, please remind me at $BTC .