Do not panic, stay calm and focused on the market.
- DO the
- 2024-02-10 20:39:25
- 84
In the current market situation, as long as you pay attention not to cover positions or enter the market with heavy positions near the pressure level or take-profit point, there is basically no need to panic. For example, sol's 110 is the first break today. If it breaks through a pressure level for the first time, it is impossible to stand firm immediately. If you can't stand firm, you will have to wait until you step back into the long position. Where will you step back? Let’s look at the support of 106.50. This is still a return to our usual daily play style of stepping back and going long. Even if we see a new high of 120, we cannot open a long position near 110. To achieve this, even if the market changes downward, it will fall a little bit, rebounding while falling, and then accelerate the decline after falling below a strong support. Therefore, you don’t need to panic during normal operations. It won't fall too far. There is no possibility of sudden extreme market conditions this month. The K-line indicator explains everything!