August 19 Long and Short Layout Strategy
Short selling strategy ( probability 60% ):
① Entry: Enter short positions in batches as the price rebounds to $116,500-$117,200, with a stop-loss set above $118,200. ( Break below the lower trendline of the wedge is invalidated ). · Target: Initially look for $114,000, and add positions if it drops below to $112,000; in extreme market conditions, look for $108,000-$105,000.
Bullish strategy ( bets on a rebound, probability 40% ):
②Entry: If it holds steady at $114,000-$115,000 and a long lower shadow appears, try a small long position with a strict sto
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