#Gate ETH十周年回馈# 2019.25 Morning market overview: Fluctuating long and short within the range, 2 short orders + 1 long order


BTC just formed a doji star, continuing to oscillate back and forth within the range, trading opportunities will come and go.
Yesterday, I placed a short order as it broke below 11.9, targeting 11.72, which was reached, with a lowest spike at 11.7, yielding a profit of 1800 points; then I set a low long order at 11.72, targeting to exit at 11.9, earning 1800 points, with a highest of 11.94; after that, I went short again at 11.9, and I have already exited at market price at 11.76, taking a profit of 1400 points; three trades netted nearly 5000 points in profit.
Continue to oscillate back and forth in the range of 11.72-11.9. As long as the upper boundary does not break through 11.9 and the lower boundary does not fall below 11.72, we can boldly trade back and forth within the range; false breakouts and false breakdowns create illusions for us to seize trading opportunities.
Wait for a pullback to 11.72 on the right side or a spike down to re-enter long order at the upper level, with a stop loss at 11.64, and targets at 11.86 and 11.9; set up a long order ambush at 11.72 on the left side, and a short order ambush at 11.95 on the left side, with a stop loss at 12.05, and targets near 11.79 and 11.72.
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