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Daily Trading Review:
In the evening, tested 68100 for the second time, hourly chart closed 2B
Took profit and closed the 74500 short position
And opened a small stop-loss long position
Observing tomorrow's market action!
The logic for this move is in the previous post. The main reason is that the liquidation of liquidity from 76K to 68K is complete.
This is still range-bound wave trading.
Two timing opportunities for shorting:
1. Chase shorts when breaking below the 4-hour downtrend flag at 66K and a new downtrend wave begins
2. Short again on a 68K retest to 72-73K
Opened long on crude oil Friday, watching a 100+ target again
The situation remains bullish for crude oil
But high oil prices have drawbacks for the whole world
Chasing longs or holding faith in longs above 100 carries far greater risk than reward
The above is just my personal thoughts!
#原油 # BTC