This order has entered the market. The basis for this order is the 1-4 hour range of 1990-2150. Last night it did not break through, and today the 1-4 hour K-line also did not break below 1990. From the 1-4 hour K-line perspective, this is a relatively left-side order, so the position doesn't need to be large, and the stop loss isn't too big. If it breaks through 2040-45 later, you can break even, then observe the situation and pattern. If after the US market opens, a 15-minute candle breaks through 2045, and a 3-5 minute pullback occurs, you can add to your position to a normal size. If not, just protect your capital with a stop loss. Around 2120 is about a 100-point profit.
If it breaks below 1990, the next target would be below 1760 for a secondary test. The main strategy remains to focus on high positions, following the downward trend of the weekly K-line. The logic and basis for trading are like this: whether to take profit or cut losses depends on the market.
Currently, there is a lot of uncertainty. It's best to take profits within a certain range; a profit of about 50 points is sufficient. Beyond that, the pattern's profit potential is limited.
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This order has entered the market. The basis for this order is the 1-4 hour range of 1990-2150. Last night it did not break through, and today the 1-4 hour K-line also did not break below 1990. From the 1-4 hour K-line perspective, this is a relatively left-side order, so the position doesn't need to be large, and the stop loss isn't too big. If it breaks through 2040-45 later, you can break even, then observe the situation and pattern. If after the US market opens, a 15-minute candle breaks through 2045, and a 3-5 minute pullback occurs, you can add to your position to a normal size. If not, just protect your capital with a stop loss. Around 2120 is about a 100-point profit.
If it breaks below 1990, the next target would be below 1760 for a secondary test. The main strategy remains to focus on high positions, following the downward trend of the weekly K-line. The logic and basis for trading are like this: whether to take profit or cut losses depends on the market.
Currently, there is a lot of uncertainty. It's best to take profits within a certain range; a profit of about 50 points is sufficient. Beyond that, the pattern's profit potential is limited.