In fact, the major cycles of escaping the top and bottoming out are still easy to do... It's just that if no green appears, then all buying should be treated as rebounds, regardless of whether it's a reversal or not.
Only when the buy signals from the trading system appear, should it be treated as a trend, regardless of whether it's a true breakout or a false breakout, always following the true breakout with strict stop-loss.
View Original
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.
In fact, the major cycles of escaping the top and bottoming out are still easy to do... It's just that if no green appears, then all buying should be treated as rebounds, regardless of whether it's a reversal or not.
Only when the buy signals from the trading system appear, should it be treated as a trend, regardless of whether it's a true breakout or a false breakout, always following the true breakout with strict stop-loss.