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#晒出我的Alpha积分# Market Overview on 18.7: BTC long order gained 1500 points
BTC opened this morning with an upward shadow line and a solid bullish candle, with the opening and closing prices exactly within the 11.4-11.5 range, oscillating within the daily fluctuation range.
After BTC stabilized above 11.4 yesterday, I went long, targeting 11.5. T211.56 was precisely hit, resulting in a profit of 1500 points before exiting.
BTC is oscillating around 11.5, looking for a breakout above 11.5, but an M-top bearish structure has formed at 11.56. At this point, one can either set a left-side ambush for a short order at 11.56 or choose to go for a false breakout and short in the direction of the trend.
Wait for a breakout on the right side at 11.56 and then drop back to go short with a stop at 11.64, targeting 11.45 and 11.37; alternatively, wait for a pullback to the trend line at 11.44 to go long with a stop at 11.36, targeting 11.55.
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