Don't be anxious, don't fall in the darkness before dawn!
If you don't know how to operate at this moment, I suggest everyone not to look at the price, but to observe the dynamic trend. The steps are as follows:
The trend, which means the highest point is getting higher and the lowest point is getting higher; or the highest point is getting lower and the lowest point is also getting lower. Because during a certain period, there are more bulls than bears (or more bears than bulls), the trend is useful and dynamic.
Remember, time creates the trend. If the market rises by one basis point in the next second, then a one basis point trend has already changed!
The focus within the trend is the imbalance between buyers and sellers, and when it can be broken.
In a rising market, prices will pull back because buyers want to realize profits. If the market continues to rise after the pullback, it indicates that there are still not many sellers, and there are still many buyers. When the market breaks the normal pattern, you know something is abnormal. When the market breaks through the trend line, it will disrupt the balance between buyers and sellers.
What causes the market's balance to be broken? There is no need to know the answer to this question. You must believe that most information in the market is garbage; just place orders at the price level most likely to confirm the break of balance, and then wait for the market to define itself for you.
If your order is executed, set a stop-loss order. When the market cannot prove that your trade is valid, then stop-loss. You may ask, what constitutes a valid trade? If the position moves in the direction of the main price, then this trade is valid, and at this time, holding is the best approach!
Brothers, remember these six points, and don't be anxious about the ups and downs!
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