š#INJ short structure goal is achieved, be cautious in shorting

š§ We began to stabilize after completing the goal of the double-top short structure, and during the decline, we swept the liquidity pool below and began to rebound. Considering that the general direction is bullish, we can still expect to continue to riseš
ā ļøNote that if we continue to break below the bullish defense level, the bullish view will be invalidated.ā
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ā ļøNote that if we continue to break below the bullish defense level, the bullish view will be invalidated.ā
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ā ļøNote that technical analysis is for reference only, donāt forget risk management. If you find it useful, please donāt forget to follow, like and share my analysis postš¤
Dagangan ditutup: sasaran tercapai
š#INJ potential smiley face bearish structure, long with cautionā ļø
ā”ļøWe fell back quickly after completing the rebound target, and set up risk-free after locking in 80% of the main profit, but we were eventually swept away. š°š»
š§ This means that the selling pressure here is still very heavy, and we can only treat it as a rebound rather than a reversal. Structurally, there is no nice-looking structure forming here, just a bounce after sweeping the liquidity pools, so caution is reasonable. āļø
ā”ļøIf we fall below the bull defense point, then the smiley face bearish structure will be established, which means that we will enter a callback suppressed by the short structure, so we need to be cautious in going long. ā ļø
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Nota
š#INJ may fall based on smiley structureš
š§ In yesterday's rebound, we did not continue the bulls' strength to break through the previous high, but fell below the bulls' defensive point, so a smiley bearish structure was established. Combined with the fact that the adjustment at the daily level has never occurred, we have expectations of a correction, so we are cautious in pursuing the rise. ā ļø
ā”ļøIf the market really develops as expected, then we will most likely sweep through the liquidity pool below. āļø
ā ļøNote that if we break the bearish defense, the bearish view becomes invalid. ā
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Dagangan ditutup secara manual
There is no continuation of the short strength to break through the previous low.The rebound after the vicious sweep of liquidity is expected to continue to break through the previous high, so the bearish view is invalid.
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ā”ļøTimely updates and VIP consultation on Telegram: š
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šReferral codeš
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šBYBIT š
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šBINANCEš
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š„20% transaction fee discounš„
šReferral codeš
šBITGET š
wolf20
šBYBIT š
WOLFKING
šBINANCEš
O3D948JZ
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.