Why do we always emphasize following the trend when trading? Because as long as the trend is right, even if your entry position is not ideal, you can adjust it by covering your position. Even if you resist, you can turn losses into profits! Once the trend is reversed, no matter how you remedy it, it will be useless, and you will even get deeper and deeper!
Take this week's trend as an example. At the beginning of the week, there were long positions above 64,000, and there were short positions at 63,000 in the middle. Now the price has reached 66,000. There is already 2,000 points of space for those above 64,000, while those short positions at 63,000 have 3,000 points. Even if you follow what I said and wait for it to stabilize at 65,000 to chase long positions, you can get thousands of points.
Therefore, following the trend is very important; I know some people will say, what should I do if I can't see the trend clearly? It's very simple. If you can't see it clearly, don't rush to do it. Wait until you see it clearly before you start!
Current price is an egg
Short-term support is 654-651. Enter the market. Currently, the 4-hour and 1-hour charts below have formed a golden cross. This wave of 1-hour line fell and then rose. The defense zone is thinned by 100-300 points.
