๐ง We started to rebound after completing the hourly correction, and there was a large divergence after reaching the stage resistance zone, so it is reasonable for us to fluctuate sideways here.
โก๏ธAnd I also said in my previous post that after we completed the daily-level and weekly-level goals, there was no adjustment corresponding to the cycle, so we are expected to have a large-cycle adjustment here. If we want to do a large-scale Cyclical adjustment, then it is more reasonable to start from here. As for whether such an adjustment will occur, I don't know, and we don't need to guess. We can just use the trading plan to defend.
โก๏ธIf there is a major cycle adjustment, then we will look for buying opportunities in the buying zone of the corresponding cycle.
โ ๏ธBefore such an adjustment occurs, we should continue to maintain a bullish view, because the double bottom long structure here is intact, so if it continues to rise and breaks through the previous high, then we will obtain more profits. If we continue to adjust, we will not lose anything.
Let's be more patientโ๏ธ
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โก๏ธAnd I also said in my previous post that after we completed the daily-level and weekly-level goals, there was no adjustment corresponding to the cycle, so we are expected to have a large-cycle adjustment here. If we want to do a large-scale Cyclical adjustment, then it is more reasonable to start from here. As for whether such an adjustment will occur, I don't know, and we don't need to guess. We can just use the trading plan to defend.
โก๏ธIf there is a major cycle adjustment, then we will look for buying opportunities in the buying zone of the corresponding cycle.
โ ๏ธBefore such an adjustment occurs, we should continue to maintain a bullish view, because the double bottom long structure here is intact, so if it continues to rise and breaks through the previous high, then we will obtain more profits. If we continue to adjust, we will not lose anything.
Let's be more patientโ๏ธ
๐คIf you like my analysis, please like ๐and share it๐ฌ
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๐ง The whole market has not changed much, we are still trading sideways around the resistance zone, where the divergence is relatively large, so it makes sense to stop here for a while. But prices can't stay there forever, which means we could soon see an exit from this consolidation
I'm still waiting patiently for our goal.โ๏ธ๐๐ฏ
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