tradelogx

🚀 Bit Lang Lang Typical Order 📊

This is a very typical order for Bit Lang Lang.
1. A short signal appeared on the 4-hour BTC chart, and the current asset (people) is also in a short position, consistent with the market.
2. The 1m volume broke below the 4h support level of 0.12, and increase the position when the volume breaks below the next support level of 0.114.
3. Before a sharp rise, the consolidation time is sufficient, and after the sharp rise, there is a rapid volume drop, with enough circulation.
4. The resistance level is around 0.108, with a downward space exceeding 10 points.
5. Take partial profits during the volume pullback process.

If you missed the opportunity to enter at the bottom, it is not suitable to enter now. Wait for the trading volume to break 3250 before entering, or if it rises to 3250 and fails to break through, then enter again when it pulls back to around 3050. If it breaks below 3000, you can consider shorting.

If there is a short signal for the short line, you can enter the market. When it pulls back to 3000-3050, there is a higher probability of completing five waves.

🚀 Box Wave System 📊
I want to share a practical trading system.
**System Name**: Box Wave System
**Description**: A system that combines box structures with Elliott Wave analysis, confirming through multi-timeframe analysis and volume judgment, implementing robust swing trading.
**Entry Rules**:
1️⃣ On the 4-hour level, the trend of BTC (the market) is consistent with the trend of the asset
2️⃣ Confirmation of Elliott Wave structure on the 4-hour level: Identify wave 1-2-3-4 structure
3️⃣ The daily resistance level is far from the current position, more than 5%
4️⃣ Multi-timeframe alignment: Daily - 1 hour or 4 hours - 15 minutes coalescence
5️⃣ 15-minute level box breakout confirmation: Price consolidates in key support/resistance zones, forming a breakout, pullback, and then breakout again, with a volume increase at the bottom for reversal, volume ≥ 1.5 times the average volume for entry.
**Exit Rules**:
- Technical stop-loss: Set the stop-loss point outside the breakout box support/resistance
- Time stop-loss: If there is no directional movement 48 hours after the breakout, consider exiting
- Partial profit-taking: 50% of the position at the first target, the remainder at the extended target
- Trailing stop-loss: When profits reach half of the target, move the stop-loss to the cost or add protection
- Momentum exit signal: If RSI shows divergence or volume gradually decreases, reduce or close all positions
**Risk Management**:
1. Single trade risk: 2% of account funds
2. Daily maximum risk: 5% of account funds
3. Weekly maximum risk: 10% of account funds
4. Correlation position limit: Correlation between different positions does not exceed 15%
5. Position holding time limit: The maximum holding time is 2 weeks
What do you think about box trading performance in the current market environment?
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