AKE has reached the short-selling zone of Position 2 on the weekly chart via the weekly level; the earlier-mentioned “one to add more (long)” has been invalidated. We’ll reiterate our chart strategy: usually, we execute Position 1 first. After we’ve consumed Position 1, when the second time comes up, we no longer place orders for Position 1. Each position is only used for the first order when it reaches the target level—remember, this is very important. Whether the trend is valid or invalid determines how we change the timing of our trades. If Position 1 has already been eaten, and the “needle man” has also eaten it, then if you follow this weekly chart strategy exactly, you should open new trades in the Position 2 zone instead. If you get more aggressive and place smaller time-frame orders, it’s easy for the strategy to fail.

Last night I made a trade with a smaller cycle. After it failed, I switched to a partial T (take profit / rebalance) clearing approach to add to Position 2. So, in effect, I didn’t get much of a result, because the average entry price won’t be as ideal. The final pressure level for this coin is Position 2: if it can hold, there’s a chance it will just be over—then a crash and “flurry” drop to new lows is possible. If it can’t hold and it forms a weekly U-shaped reversal, it will break the previous all-time high.

Attached: the overall weekly strategy chart, and there is also one showing the trades placed by the “needle man” earlier