A standard main upward wave is forming a central zone, and a volume breakout no longer falls back into the central zone to form a third buy (previously, the judgment was that if it didn't break through key support and pressure, a fall back to the starting point was considered a false breakout). In fact, Chan theory also states that a divergence pattern will not break the line segment, and this has not deviated from the major central zone for two weeks (there's no possibility of a false move followed by a sudden decline). The higher level also requires divergence patterns, and this time, a rapid decline has already occurred after divergence at a low point (peak, final breakout, and the ultimate perfection of the line segment).
View Original
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
GateUser-10b01480
· 4h ago
Trading is both philosophy and psychology. Besides continuous practice, you also need to record real trading insights and experiences; otherwise, it's easy to get caught in three-buy signals or small pullbacks, but after divergence at key support and resistance levels, the market can accelerate. Mindset is hard to control. Always set proper stop-losses on counter-trend orders and keep positions light. Of course, it's best not to trade against the trend; you have to wait.
A standard main upward wave is forming a central zone, and a volume breakout no longer falls back into the central zone to form a third buy (previously, the judgment was that if it didn't break through key support and pressure, a fall back to the starting point was considered a false breakout). In fact, Chan theory also states that a divergence pattern will not break the line segment, and this has not deviated from the major central zone for two weeks (there's no possibility of a false move followed by a sudden decline). The higher level also requires divergence patterns, and this time, a rapid decline has already occurred after divergence at a low point (peak, final breakout, and the ultimate perfection of the line segment).