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Triangle or the trading range breakthrough operation essentials (100 lectures on trading skills/4th lecture)
(Yangtze River suggestion: like, repost, save)
1. The currency price has been consolidating within a triangle or the trading range for a long time. Suddenly, there is a surge in trading volume breaking through the upper resistance line. At this time, attention should be paid, and remember not to chase high! Buy on the pullback to the upper resistance line when there is a bearish candlestick.
2. Breakouts need to be accompanied by increased trading volume, but the volume should not be too high. Pullbacks should occur with decreasing volume, and must not happen with increased volume.
3. If a few coins suddenly do not retrace, what should you do? Better to give up, never chase high!
4. Stop-loss principle: If it falls below the support level again, wait for a rebound and sell decisively! Even if you sell it wrong, you must sell it.
5. Operation mantra: Breakthrough - Pullback - Buy, even if you buy wrong!! Fall through - Pullback - Sell, even if you sell wrong!! #Infini遭攻击 pi $BTC