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The ASR-VC indicator (latency confirmation mode) has generated the first short signal since September 2023 at the 4-hour level. The trend on this indicator has been long over the past year, so only long positions have been taken. After the big dump on August 5th, it finally turned short...
How to say? Do you want to wait for a pullback? The yellow line position is just equal to MA120.
Swing trading strategy belongs to pure left side. Usually I run on the 15min level, but recently I found that doing Spot on the 4h level is also great after the update of the latency mode!
If the price pulls back here, I'll give a shoutout to ASR-4H's latency confirmation mode!
According to its logic, if the price continues to pump, there are still two short positions, but in most cases, the first order after the trend reversal will only open Short1.
Personally, I want to go long on the pullback, but the indicators I wrote always go against me. Just now, the 15min swing trading strategy directly chased rising prices, and chased at the current highest price...
Mentally exhausted...