Gulf Stream Notes

15-minute ETH, plan a short-term short. First, the background is a downtrend. After breaking the trendline, a small double-bottom pattern formed at the bottom, with a choppy rebound. But looking closely at the red circle in the chart, there is still a clear gap between the K-line and the 20 EMA, indicating that the bearish force was abundant earlier, and there is no bullish reversal signal in the short term. Next, focus on the breakout strength at 1750. Wait for BSL liquidity sweep around 1770-80, and look for a signal K to enter when appropriate. Note that it is best to wait for SB or 2B double-top patterns for secondary confirmation, combined with a signal K for more stability. Short-term, only take the first wave, with a risk-reward ratio of 1.78 for this trade. If after entering, you finish the first wave without taking profit and a counter-trend rebound force appears, it is better to observe whether a lower high forms, then you can continue holding and turn it into a medium-term position; or after reaching take profit, keep a small position to watch. $ETH