Right now, Hourly is a real time example. ABC retrace plus DE turn up. When seeing double bottom in progress, selling C should be careful. but can't be careful enough, now , in DE.
Cut?-- No, over all trend is down, the up move likely be rejected by 60 old bottom;
Flip?-- no, not much room for flipping profit unless it turns to be impulsive up move;
Rescue?-- yes, watch 50/60 area, be patient, hit when see the up weakening.
Mind shaking?-- Reduce size la.
Edit 1 : IFO expected good, no chance for rescue. Last chance to decide surrender before news time, or fight.
Edit 2: IFO comes spike to 87. this is the place to decide flip or rescue. If market trade above, Daily will become a failured swing-- Flip up; If market trade below and weakening-- rescue.
Cut?-- No, over all trend is down, the up move likely be rejected by 60 old bottom;
Flip?-- no, not much room for flipping profit unless it turns to be impulsive up move;
Rescue?-- yes, watch 50/60 area, be patient, hit when see the up weakening.
Mind shaking?-- Reduce size la.
Edit 1 : IFO expected good, no chance for rescue. Last chance to decide surrender before news time, or fight.
Edit 2: IFO comes spike to 87. this is the place to decide flip or rescue. If market trade above, Daily will become a failured swing-- Flip up; If market trade below and weakening-- rescue.