How to catch BCH's short line opportunity -- a very practical "N

I have introduced to you a short line tool, a very practical "n-word wave" battle method, which is evolved from the wave theory. The logic is to simplify the cumbersome and uncertain wave theory and make it easier for you to operate. In practice, this technique is very suitable for short-term operations, especially contract trading, because huge profits can be made in a short time.

However, the 'N wave' strategy also has its drawbacks, that is, in the trading will encounter fraud line, such as "pin" situation, so the application of this technology, still need to practice repeatedly. Any technology, in fact, should be built on good trading psychology, if you only use it once in a while, success and failure is not worth. Practice makes perfect.

Now let's take a look at the application of the "n-word wave" combat method in combination with the relatively active BCH in the past two days

We can see the trend of ABC in the picture, which is the basic form of "n-word wave". The key point of this technology lies in the selection and grasp of the breakthrough point. We have talked about it before, so we won't repeat it. You can check out the link

In yesterday's 1-hour chart, we saw a clear uptrend in BCH, but to be honest, the first wave is hard to grasp, you can't be sure whether it is a rebound from the previous downtrend or a new uptrend. So 3 waves is a better chance of success than 1 wave.

After the completion of a, it is the key to observe a target. When b's trend is close to the horizontal, it is a very good pattern, because when such a breakthrough is made, the strength is greater and the space is larger.

Our buying opportunity is when the macd develops a bullish trend and the price breaks through the previous high.

the key points of this technology are two

1, buy very important, too early and too late are not good, early may be false breakthrough, the success rate is low, late catch up with, profit becomes small.

2. The choice of selling point after breakthrough is very important. Many people will buy or not sell, but can only do "roller coaster".

So we has several methods in selecting a selling point, simple is 10%, 20%, 30%, if you want more actuarial, can use the gold line in combination with the Fibonacci sequence, some people may not have ability to draw diagrams, can by hand, not complicated formula, a period of rise as 1, the multiplier is 0.382, 0.5, 0.618, 0.786, 1,1.618 and so on.



To sum up:

"N word wave" strategy, there are several core essentials

1, choose a strong target, so the success rate is high

2. Confirm that the macd has a bullish trend at the time of the breakthrough. This is the basis

3. The selling point selection after the breakthrough should be based on the method of selling after the breakthrough, rather than the preset, because you can't grasp whether the height after the breakthrough must reach the preset position, so it is more reasonable to break down after the breakthrough as the selling point.

4, different cycles, the space after the breakthrough is also different, here is not the bigger the cycle after the breakthrough the bigger the space, if you are doing contract trading, I suggest choosing 1 hour to 4 hours is more reasonable

The length of a determines the length of c. if a is too short, the expected value of c will be lowered. B should not exceed the length of a, otherwise it may be the performance of weak bull.

If in use, we have questions can leave a message, hope that this technology, can help those who like short - term trading friends