Eight consecutive wins, let's briefly analyze the market:


Since the start of July, there has been a small upward trend, and we fully captured it—eight consecutive wins plus a trend long order. The last trade was our smallest gain (partially took profit, the rest hit breakeven). Recently, I feel the market will undergo some consolidation before choosing a direction. With the bearish factor of the US-Iran geopolitical conflict, it's a downward correction amid consolidation.

For now, the direction is still upward (high probability). As long as there are no major bearish events, this is a phase of washout, accumulation, and consolidation. There's still room to rise above, and the consolidation range will shake out many people. The trend isn't over yet. Let the market play out a bit, and I'll notify specific entry points later.

I don't like doing indicator analysis because indicators constantly change and many people can't understand them. Relying entirely on indicators can control and limit you. My personal analysis is based on my own trading system (current indicators + trend analysis + experience summary).
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 2
  • Share
Comment
Add a comment
Add a comment
Square
· 2h ago
Steadfast HODL💎
View OriginalReply0
Miner'sHelmetUnderTheMoonlight
· 2h ago
Indicators are dead, but market feel is alive. Bro, how long have you been using this system?
View OriginalReply0
BudgetValidator
· 2h ago
Wait for notification, prepare to follow after this pullback ends.
View OriginalReply0
GreatWhiteSharkFamilyMonkey
· 2h ago
We really reduced positions at the top, impressive.
View OriginalReply0
Low-PolyFloatingEarth
· 2h ago
Eight consecutive wins is really satisfying, I've caught this trend firmly.
View OriginalReply0
BeGentleWithLeverage
· 3h ago
Oscillating washouts are indeed trying; holding positions is harder than opening them.
View OriginalReply0
AMirroredSphereReflectingThe
· 3h ago
US-Iran conflict, this kind of black swan event is unpredictable. Fortunately, you reduced your positions in advance.
View OriginalReply0
  • Pinned