Keep taking it, see what the pros do later. $AIN Next position 0.071, Air Force, good luck to yourselves #AIN
Post
Patrick-妖币大统领
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$AIN In the morning there was a major mistake. This morning, a big bullish candle violently surged, and the trading volume expanded to around $10 million within one minute. You can imagine that a large number of short sellers were liquidated.
If you saw this line, what would be your first reaction?
Definitely to open a short.
Because this kind of aggressive short-squeeze rally will, within a short time, definitely pull back. How much it pulls back depends on the market maker’s mood—whether one wave is already finished, or whether it continues to grind like it’s doing now.
I saw this big bullish candle about 2 minutes later, but I didn’t look at the volume of the candle. If I had, I’d question whether I would dare to open a $10,000 short position immediately. Then the return over 30 minutes would be 30%.
This type of topping attempt (and it’s definitely the top) has a very high probability of success; opening a short is not recommended in other situations.
I watched for a while and found that the OI didn’t drop much, all data was normal, the market maker was still there, so I added to the position.
Let me do a quick review here.
If you saw this line, what would be your first reaction?
Definitely to open a short.
Because this kind of aggressive short-squeeze rally will, within a short time, definitely pull back. How much it pulls back depends on the market maker’s mood—whether one wave is already finished, or whether it continues to grind like it’s doing now.
I saw this big bullish candle about 2 minutes later, but I didn’t look at the volume of the candle. If I had, I’d question whether I would dare to open a $10,000 short position immediately. Then the return over 30 minutes would be 30%.
This type of topping attempt (and it’s definitely the top) has a very high probability of success; opening a short is not recommended in other situations.
I watched for a while and found that the OI didn’t drop much, all data was normal, the market maker was still there, so I added to the position.
Let me do a quick review here.
