First, small timeframe scalping: 30-minute Bollinger Band scalping at 3180, 3150, 3130 - trade in the direction of breakthrough
Upside breakout 1: 3180 ✓ watch 3200, 3220 breakout trade, reduce position at 10:00 to lock in profits Upside breakout 2: 3220 ✓ watch 3260, 3300
Downside breakout 1: 3130 can watch 3100, reduce position at 10:00 to lock in profits, 3080, 3050, 3030, 2980
Future bullish outlook: Must retest 4-hour midline, small timeframe must reestablish bullish bias, stand above 30-line, 6-hour must form second golden cross, complete remaining lines then start second 6-hour bullish ✓ can directly continue to 8-hour breaking above 256 moving average
Future bearish outlook: 3220, 3260 cannot possibly break, large timeframe must break below 30-line, small timeframe must re-turn downward forming new bearish cycle
Today's Trading Strategy
First, small timeframe scalping: 30-minute Bollinger Band scalping at 3180, 3150, 3130 - trade in the direction of breakthrough
Upside breakout 1: 3180 ✓ watch 3200, 3220 breakout trade, reduce position at 10:00 to lock in profits
Upside breakout 2: 3220 ✓ watch 3260, 3300
Downside breakout 1: 3130 can watch 3100, reduce position at 10:00 to lock in profits, 3080, 3050, 3030, 2980
Future bullish outlook: Must retest 4-hour midline, small timeframe must reestablish bullish bias, stand above 30-line, 6-hour must form second golden cross, complete remaining lines then start second 6-hour bullish ✓ can directly continue to 8-hour breaking above 256 moving average
Future bearish outlook: 3220, 3260 cannot possibly break, large timeframe must break below 30-line, small timeframe must re-turn downward forming new bearish cycle