Brothers, looking back at today’s big cake move, it’s very representative.
In the morning, the big cake kept pushing upward, and many people’s bullish sentiment went straight through the roof.
From morning to 3 p.m., I kept telling my students, “What are you afraid of? Add to your position and go short the big cake!”
I repeatedly highlighted the key points: the 81,600 area is the core resistance.
In the live trading, the highest it reached was 81,260.3. Once it hit that resistance, it immediately turned and headed down.
Many people, when the price rises, can only chase longs and ignore the crucial resistance.
Giving the resistance level in advance and reminding the direction again and again is exactly what tests execution.
In the morning, the big cake kept pushing upward, and many people’s bullish sentiment went straight through the roof.
From morning to 3 p.m., I kept telling my students, “What are you afraid of? Add to your position and go short the big cake!”
I repeatedly highlighted the key points: the 81,600 area is the core resistance.
In the live trading, the highest it reached was 81,260.3. Once it hit that resistance, it immediately turned and headed down.
Many people, when the price rises, can only chase longs and ignore the crucial resistance.
Giving the resistance level in advance and reminding the direction again and again is exactly what tests execution.