4. At the end of the wave rebound, pay attention to risk prevent

7 Jun 2019

Bitcoin did not form a head at 9100, and began to adjust its trend, which lasted for a week. At present, it is a 5-wave adjustment trend from the perspective of form. Now it is at the end of 4 waves, and the following will be a 5-wave kill and fall. So the short line is not recommended bottom, but wait for the completion of the double-dip trend here, then make a decision.

strategy

Spot should remain on the sidelines, waiting for the bottom confirmation. And here if the bottom of the short line can be sold at the time of the rally high, waiting for the low buy back.

Contract, we still have to wait for a large level of high points, and then began to short, and can kill the bottom, it does not matter, the goal here is a phased short, do not be greedy. In addition, please set a stop loss for all open positions.