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Today, the section chief shared my complete trade with all the B friends. Originally, it was only sent to our rebate center, but I thought, let’s also benefit the fans of the square!
How to trade when the right side breaks down? Let’s look at Chart 2. After a big bullish candle breaks through the resistance ahead, we enter at the midpoint of this bullish candle. Place a stop loss if the price breaks below the lower boundary of the candle. In today’s market, if we’re practicing, we wait for the 71700 level. It’s obvious that this level has acted as support and resistance before, right? We need to learn how to identify such levels. We wait for a large bearish candle to close below this level, then enter at the midpoint of that bearish candle, with a stop loss if the price closes above the upper boundary.
This method isn’t foolproof; review and summarize more often!
If you watch the market and make one or two trades a day, you’ll become proficient. Usually, the section chief doesn’t easily teach this to others. Pay more attention to the section chief, and they’ll bring you more trading wisdom!