3-26 Early Market Analysis! Currently oscillating in the range of 2150-2180. Weekly level shows bearish trend, daily level shows bullish rebound. Major cycles have divergence and inconsistency between bulls and bears. Short-term 4-hour and 1-hour also show directional inconsistency, 4-hour is in a bullish trend at the upper Bollinger Band, 1-hour shows failed breakout at 2199, revealing weakness. I need to be responsible for brothers following my signals, so error tolerance needs to be kept quite low. Therefore, if there's no good entry point today, I won't necessarily open positions. Patience is key. Being in cash/empty position is also an important part of trading.
3-26 Early Market Analysis! Currently oscillating in the range of 2150-2180. Weekly level shows bearish trend, daily level shows bullish rebound. Major cycles have divergence and inconsistency between bulls and bears. Short-term 4-hour and 1-hour also show directional inconsistency, 4-hour is in a bullish trend at the upper Bollinger Band, 1-hour shows failed breakout at 2199, revealing weakness. I need to be responsible for brothers following my signals, so error tolerance needs to be kept quite low. Therefore, if there's no good entry point today, I won't necessarily open positions. Patience is key. Being in cash/empty position is also an important part of trading.