#Gate广场四月发帖挑战

Repeated tug-of-war! - The US-Iran negotiation script keeps changing, how to respond?

Is Iran starting to cooperate with Trump’s manipulation of the hourly chart? On Sunday, both the US and Iran just announced the failure of peace talks, and they exchanged tough “threats,” this morning the US military announced it would blockade all Iranian ports and transportation; as a result, near noon, both sides’ attitudes softened again, including Middle Eastern countries like Pakistan are also actively promoting a second US-Iran negotiation. As mentioned yesterday, short sellers should always be cautious of a second US-Iran negotiation, news is changing rapidly, and those relying on news for right-side trading must be feeling a bit confused. How should we respond?

1. Break free from dependence on news, return to technical analysis

The so-called “news is always coordinated with the market,” news often acts as the “accompaniment” to the market trend, mainly paving the way and creating momentum for the upcoming or existing trend. When news becomes unreliable, we need to return to candlestick analysis for answers.

2. Reduce short-term trading, position for long-term short positions at highs

Recently, the market has been bouncing up and down, making many short-term traders very profitable, so the saying “take profits and run” applies now. After a volatile market, the difficulty of trading is often at its highest; the “fish tail” pattern is tasty but has the most bones. If you really can’t sit still, you can start to position for medium- to long-term trades. As for the direction, the Little God of Wealth still leans towards bearishness, reasons not elaborated here, just two simple points: 1. We are still in a bear market, shorting profits more than longing. 2. The weekly 5-wave decline structure has not ended, the market may still have a “final drop.” But be careful to short at highs, avoid chasing shorts at lows.

In the face of increased market volatility and frequent “face-changing” news, how are your gains, family members? Share in the comments!