Hello, everyone. I focus on the analysis of mainstream currency trends in the currency circle. I don't talk too much, just write my own opinions seriously.
Part of the pain of trading lies in the lack of cognitive trading discipline, and part of it lies in the desire to grasp every wave of market conditions. Learn to understand, because only by understanding the imperfections of the market can you not be influenced by the market; learn to be patient, because not all the market can be understood; learn to observe, because the market changes constantly, only by watching the changes can you find the right time.
Market analysis: Looking at the 1-hour level chart, the ether began to fall after rushing back in the early morning. It reached the lowest at 5 o'clock in the morning and rebounded after meeting support at 1136. The current market fluctuates all the way and the downward currency price runs around 1196. The K line stepped back on the middle rail line to run near the lower rail line. Each moving average is holding the K line down. The picture KDJ runs down three lines. The MACD fast and slow line runs below the 0 axis, and the green kinetic energy column continues to increase. The daily thinking is mainly to rebound and short!
Operational strategy: rebound to a short entry near 1200. The goal is to see below 1170.
