Since the one-hour red still hasn’t come out, it still needs more waiting. It’s getting very close to the support level at 1885. After the red signal comes out, holding steady around this price is the key. Then, after 15 minutes and after two golden crosses form (the two-successive Golden Cross), you may enter long at 136. Once price breaks below the support level, only do one adjustment response—if you miss one signal, wait for the second signal to come out before going long. Follow the take-profit requirements strictly; after you’re profitable, move the stop-loss strictly as well. You’ll still find some partners didn’t use the adjustment response. Let me emphasize this again: when entering, you must do it according to the 136 entry—this can be used for the adjustment response. If you enter directly without doing the adjustment response, then you must definitely include a stop-loss. If you don’t include a stop-loss, and you didn’t do the adjustment response, then remember this: when you’re floating at a loss of 150, ignore any signals and directly hedge—remember that. Three methods: steady and sure is to follow the 136 system. For the trend-following long orders, the two positions can directly be entered with stop-loss. For hedging, don’t forget to take the stop-loss—absolutely don’t use it without a stop-loss!
After the long position is exited, there is another chance to wait again. Right now it’s not a good long entry point. If within an hour there is no red signal, then we need the market to push the red signal out. As long as the 1880 level holds and is not broken, and the red signal appears. Then watch the 15-minute timeframe for the “two hearts meet” golden cross confirmation signal. According to that, take 136 long—what you’re eating is basically an hour-long “mid-air refueling” long!
If within the next 15 minutes the price can break up and print a new high after turning green, then long positions can take profit. Then follow the trend and wait for a pullback down to the ‘life line’ area to add a long. You want the added long to turn red after an hour. If you want to eat contrarian longs, you can wait until a new high is formed and then, once two-candle ‘lovers’ death cross confirmation occurs, enter short at 136. The target is the lower ‘life line’ to lock in profit or take profit!
It’s flat with no position—there’s none of that to chase higher. Don’t go after the upward surge. Focus on support at 1880. After it pulls back, wait for the “buy/signal to add to longs” and continue to go long. If it goes up, then look toward 1982. When you reach the take-profit, the first target could be around 1930. You can get there and lock in most of the profit!
Lock in profits with a long position, and next we’ll see whether the daily chart short can gain momentum. 1893 is the key resistance level for him. Once it breaks, there will be room for a larger move upward, and you can then exit. After it rallies, you can look toward 1983. This is also why they don’t buy if they don’t let it pull back—once the range breaks, you trade in the direction of the trend!
The choppy range has been broken upward. After the long positions are in profit, be sure to tighten a trailing stop (move the stop). For those who are currently in cash/no position, wait for a pullback to come down, then add oil and open more longs. If it pulls back and shorts are unfavorable, don’t open anything first. Since the market has chosen to break upward, the main focus should be to add oil to trend-following short positions on the pullback. See whether it can also let the daily trend build momentum!
Pay attention to whether we can break through the price level of 1886. If it still doesn’t break, then we’ll look for a pullback. But once it does break, it will mean we’ve moved out of this trading range. You can first add another layer of position on the breakout—then keep an eye on the next hour and the situation with the more green candles. If you already entered a long position on the 15-minute chart, then lock in your profits and hold!
Price action back and forth right here—if you miss even one single spike in volume. When you’re able to bring the volume up and reach the vicinity of 1810, that’s when the daily chart’s important support will start to play its role. Until this level is reached, any long positions you take must keep enough room in your positions to respond, so that you can better raise the average price—keep pushing for those daily-chart longs!
Currently, the short positions have been set up to capture profit. At the moment, we’ve already seen three consecutive bullish candles over the past hour. If it can drop further, keep buying/accumulating. Then watch whether it reaches around 1852, where we want to take profit. Once it reaches that level, you can start waiting for the bottoming rebound and look for a long setup!
Now we are in a range-bound consolidation. These past two days, since there has been no pullback to around 1852, the trading approach is mainly to take short positions by selling the highs as the price retraces. If today it still cannot drop sharply, then there won’t be a chance to bounce back from the bottom area; there may be no entry opportunities. During this kind of consolidation, it’s easy for a one-way trend to emerge after a breakout. So the only point that needs attention is the level at 1890. Once this level is broken, you can chase longs for entry—because after 1890 breaks, on working days it will develop into an upward one-way move!
It hasn't successfully bounced back and received the callback near 1852 yet, so for now we won't take action on the bottom rebound if it's too much. We'll still wait for the signal we want, buy back the pullback at 136 and go short. Right now, this position is still within our system's death cross area. If this point can smoothly trigger the two-in-a-row death cross confirmation signal, then we go short there; when it pulls back up, we only need to handle it once—if we’re off, we adjust by waiting for the second time to go short! Strictly speaking, if there are exactly two handling points, then there’s no need to offset.
It’s about moving the stop-loss on a short position and exiting right after it gets triggered—then watch. Wait for the pullback; if the pullback strength isn’t enough, this won’t get hit. Let the market repair; after an hour, if three consecutive green candles form, pause and see whether the “life line” is broken. If it isn’t, then keep waiting to enter the short and get filled with the death cross!
The first support level at 1880 has already been reached. For the short positions, lock in break-even and take-loss to protect capital. If it can break below, wait for the one-hour cycle to print three consecutive red candles—then lock in the profit and hold. Especially after those three red candles form, if there isn’t a bigger downward move yet, then eating the bottom rebound is still the best: get another layer of position around 1852, and add more around 1810. Otherwise, it keeps not dropping enough to reach the intended level!
As of right now, if within these 15 minutes the death cross where both sides are in mutual affection can be confirmed, then as long as it’s not accompanied by high-volume bearish momentum (a large-volume drop), you can enter at 136. Don’t rush—wait patiently until the signal is confirmed, then scale in with multiple entries. The first target level is the lower lifeline. Once it’s reached, tighten your stop and move it up accordingly to protect profits. What you’re aiming to capture now is still a one-hour timeframe death cross short. Unless price rallies again and closes above the one-hour lifeline—then you should wait and take a step back for one round (skip the next entry). Every time you enter, you must first determine which one of the four positions it belongs to; only then will you know the direction!
Now the K-line is approaching the one-hour life line. This position is in a death dead-cross zone. If the one-hour life line does not break upward, then when the 15-minute pullback comes with an empty signal, enter short according to 136. If it breaks upward, then skip one signal; wait for the second signal to appear, and then enter short according to 136. Repeat this until the one-hour chart turns bullish (prints a red signal); only then should you wait again for a bottom rebound signal with stronger momentum!
When you move the stop-loss with an empty order, take it up. Next, if there is a rapid drop and it reaches around 1852, you can choose to take profit, then watch whether a 15-minute chart forms a bullish crossover confirmation signal. Since the first time on the 15-minute chart forms a signal, don’t eat it; wait for the second signal to form. If it can directly push in toward around 1810, that will be an even better position!
After the 15-minute life line is broken, first lock in the principal. Next, wait for an hour to see whether it turns red—when the bearish death cross’s signal clears and a red appears, after three red candles form, remember to lock in most of the profits. If you can reach around 1852, remember to take profit! Then wait for more signals. When going long again, add three layers of position, with additions around 1810!
We are currently on the 15-minute lifeline. Once this level breaks down, the only time short positions will have room for profit. It won’t form a deadly cross on the hourly chart until about an hour later. If you’re holding a short position with one layer of position, just wait for it to drop down, then use a trailing stop (moving stop). If support holds and it rebounds upward, the hourly lifeline will break through. Then when adding the additional three layers of positions later, you should wait until it reaches around 1924 before exiting. When the pullback provides a short signal to add positions, do not add any positions near the entry level of the first layer. For those who are currently in a flat (no position) state, wait for it to rally one more time, and then—when you can confirm the two “hearts meeting” deadly cross—follow it by going short according to 136!
The pullback you wanted has arrived. First, look at whether it can hold at 1852; then this is a good spot for the bottom rebound. When the 15-minute chart gives its first signal, offset it—wait for the second signal, and then enter a long at 136. If you can handle two responses, you don’t need to offset; if you’re only doing one response, offset once. Then the target on the rebound is the “life line” level above. When it reaches that point, move the stop-loss up and take profit accordingly. The buy-add (for averaging down) price should be left for around 1810 for a three-layer add-on with a stop-loss—that’s an important daily support level. If 1852 can’t hold, it will be even more comfortable to go directly to around 1810—then go long at that time!
Came only to the first target area near 1872; I didn’t reach the spot for going long near 1852. So this rebound wiped out the profit, and I exited and left. I won’t enter the long position—I'll be patient and wait for the market to correct itself. Once the price comes back near 1852 and we get a long-entry signal again, then we follow the plan to go long at 136!