$GOOGLB #GOOGL From a layout perspective, the focus is not on chasing fluctuations that have already occurred, but on determining in advance where you are willing to wait. Current price: 346.95, 1 hour +0.07%, 24 hours +0.79%。
Currently, 1 hour +0.07% and 24 hours +0.79%; the two cycles have not formed sufficiently clear coordination in the same direction. In range-bound markets, the tolerance for chasing highs and cutting lows is lower. It’s more suitable to confirm the direction with the upper boundary and confirm the rebound with the lower boundary, while the middle line is used only as the line dividing strength and weakness.
The first observation zone is 345.815, used to judge whether a normal pullback has ended. The second observation zone is 343.28, used to judge whether a deeper retracement can form a rebound. On the upside, pay attention to 348.35; after a breakout, a pullback confirmation is needed to avoid mistaking a brief pierce-through for the trend already being open.
Existing positions can be handled in segments based on key levels, to avoid making all decisions at once. Those with no positions should wait for breakout confirmation or for the pullback to stabilize. For US stocks, also be mindful of volatility caused by trading session changes. Your plan should be based on price conditions; don’t let emotions replace execution.
The purpose of scaling in is not to continuously average down, but to control timing while the structure is still valid. Once a key support fails, you should stop the original positioning plan and wait for a new price range to form.
A trading plan must include invalidation conditions. If your judgment is correct, you can realize it in steps; if your judgment is wrong, you must also be allowed to exit. You can’t use adding to disguise the fact that the original logic has changed. The market will update, and your viewpoint should adjust along with price evidence.
I’ll note down these two locations first and come back later to re-check the levels. Which do you think is more likely: a breakout first, or a pullback first? Want to learn about quant hedging arbitrage robots? Join the chat
#BankOfRussiaToLimitRetailCryptoFromSep1
Currently, 1 hour +0.07% and 24 hours +0.79%; the two cycles have not formed sufficiently clear coordination in the same direction. In range-bound markets, the tolerance for chasing highs and cutting lows is lower. It’s more suitable to confirm the direction with the upper boundary and confirm the rebound with the lower boundary, while the middle line is used only as the line dividing strength and weakness.
The first observation zone is 345.815, used to judge whether a normal pullback has ended. The second observation zone is 343.28, used to judge whether a deeper retracement can form a rebound. On the upside, pay attention to 348.35; after a breakout, a pullback confirmation is needed to avoid mistaking a brief pierce-through for the trend already being open.
Existing positions can be handled in segments based on key levels, to avoid making all decisions at once. Those with no positions should wait for breakout confirmation or for the pullback to stabilize. For US stocks, also be mindful of volatility caused by trading session changes. Your plan should be based on price conditions; don’t let emotions replace execution.
The purpose of scaling in is not to continuously average down, but to control timing while the structure is still valid. Once a key support fails, you should stop the original positioning plan and wait for a new price range to form.
A trading plan must include invalidation conditions. If your judgment is correct, you can realize it in steps; if your judgment is wrong, you must also be allowed to exit. You can’t use adding to disguise the fact that the original logic has changed. The market will update, and your viewpoint should adjust along with price evidence.
I’ll note down these two locations first and come back later to re-check the levels. Which do you think is more likely: a breakout first, or a pullback first? Want to learn about quant hedging arbitrage robots? Join the chat
#BankOfRussiaToLimitRetailCryptoFromSep1