Multi-market false breakthrough resumption

Original link: https://muyexi.im/duo-shi-chang-jia-tu-po-fu-pan/

False breakthroughs have appeared in many markets recently, so here is a review with hindsight.

CSI 300

It made a strong breakthrough first, but failed to rush up to 4,000 points twice, and then plummeted.

000300_2023-08-21_21-16-28

After a strong breakthrough on July 28, choose to go long on individual stocks, and when it falls below on August 11, all stop losses.

hang seng index

The trend is similar to that of CSI 300, but weaker.

HSI1-_2023-08-21_21-23-28

Several key points follow suit.

HSI_2023-08-21_21-17-39

bitcoin

Bitcoin’s false breakthrough was in the hourly sector, and it also failed to rise twice, and then plummeted.

BTCUSDT_2023-08-21_21-20-53_03f9a

After I broke through, I went long and was stopped, but after it fell below, I went short and made a profit. The profit and loss were even, and I didn’t make any money.

think

  1. A false breakthrough is actually a transaction with a high winning rate and a high profit-loss ratio.
  2. The market moves quickly after the false breakout fails.
  3. Only by turning quickly can we seize the trading opportunity of false breakthroughs.

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