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Details: ht
The market is not something you can just casually find; it is about waiting for the market to confirm its direction.
Common approaches generally fall into three categories:
First, a pullback after breaking the trend line. When the line that originally suppressed the price is broken and then a pullback stabilizes, it signals a trend reversal. The stop-loss can be placed below the low point of the pullback.
Second, higher lows or healthy pullbacks. This indicates that during the uptrend, it is just a consolidation, and the bulls are in control. This type of opportunity is the most comfortable, allowing for trend-following position increases, with low risk and high cost-effectiveness.
Third, the swap of support and resistance. When the price breaks below support and fails to rebound, the support turns into resistance. This is the most straightforward entry logic for bears, and the stop-loss position is also very clear.
In the end, the market has only three states: reversal, continuation, and failure. Grasping these three categories is enough to cover most entry scenarios~~