What is a retest confirmation? Why can a retest after a breakout sometimes be an opportunity and sometimes a reversal signal?

In cryptocurrency trading, after the price breaks through a key resistance level, it may pull back toward the former resistance area, find support again, and continue rising. But it may also quickly fall after the breakout and return to its previous trading range. That is why retest confirmation is an important aspect of breakout trading worth studying.

First, what is retest confirmation?

After the price breaks through a resistance level, if it returns to test the ar

People who lose money all share one flaw: they can't tolerate small losses.
It doesn't sound serious, but this one flaw alone can wipe out an entire account.
Look at how they trade:
They open a position, get the direction wrong, and lose 50.
They don't cut it because “50 is still money.”
The market keeps moving, and the loss grows to 150.
They’re even less willing to cut it now because “cutting now means losing 150, when I was only down 50 before.”
When the loss reaches 500, they say, “It’s already this bad. There’s no point cutting now.”
In the end, they get liquidated and lose everything.
Fr

Started chasing the dream with 100u, trading steadily🥰#黄金 $XAUUSD

$BTC Liquidity Sweep Breakout or Breakdown? 👀
BTC bounced after sweeping 74,300, but 74,996 remains key resistance. Above it, 75,240–75,462 comes into play. Lose 74,417 support, and 74,170 could be next.
Bulls or bears who takes control?

US stocks suddenly surge! Tech stocks rebound across the board—is the bull market really back?

US stocks have finally had their moment in the sun! Investors who were previously worried about lofty valuations, no rate cuts, and rising geopolitical risks suddenly found that their stocks were rebounding across the board. It feels like payday just arrived, and you can finally forget about the mortgage for a while.
The focus of this rally is still tech stocks and the AI sector. After all, one of the key drivers of the US stock market in recent years has been artificial intelligence. From chips and

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Has the market overreacted to the news of Jensen Huang’s affair?

The Market Is Sending Three Signals Investors Shouldn’t Ignore

Every time the market rebounds, everyone asks the same question: How much longer can it keep rising?
This time in particular, easing signals from geopolitical tensions, a sharp drop in international oil prices, and renewed activity in global stock markets seem to have finally shifted the market from anxiety to optimism.
But to judge whether this rally can last through the end of the year, you can’t just look at gains over a day or two.
The first signal: whether geopolitical tensions are truly easing. If diplomatic negotiations con

It's been a long time since I washed my car. After washing it today, I found some stuff on the car's surface that wouldn't come off. Does anyone know what it is and how to clean it off?🤔

What Are ROC Curves and AUC? How Can You Tell Whether a Price Direction Prediction Model Can Truly Distinguish Between Outcomes?

In crypto quantitative trading, you can’t judge whether a model is effective by accuracy alone. Suppose BTC spends most of its time without a major rise. A model that always predicts a decline might still achieve seemingly good accuracy, yet fail to identify genuine opportunities to go long. ROC curves and AUC can help us assess a model’s ability to distinguish between different outcomes.

First, what is an ROC curve?

An ROC curve compares the true positive rate wi

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WTI Crude Oil is not at all liking this De-escalation in US-Iran War..
Stock Markets However, are loving it..

The U.S. October CPI data will be released tonight at 21:30. The headline CPI monthly rate is expected to fall to 0.30% from the previous reading of 0.60%, while the core CPI monthly rate is expected to decline to 0.20% from 0.30%. The market expects inflationary pressures to ease.

There are three main scenarios for the release:

In line with or below expectations: Cooling inflation is confirmed, rate-cut expectations may rise, and the market could recover.

A stronger-than-expected rebound: Stokes concerns that inflation is persistent, revives expectations of tighter policy, and may put pres

Aoying has said three times over the past two days that crypto is over—is it really about to end? $BTC $NVDA

Maintains view of a 99% chance of a rate hike in December! #美国10月CPI即将公布