2024-08-18 04:38
Weekly Trading Strategy:
⭐️ Hold Short Positions: With the Fear & Greed Index in “Fear” and bearish indicators, consider maintaining or opening Short positions.
⭐️ Set Tight Stop-Losses: Place stop-loss orders near key resistance (like EMA 120/200) to secure profits.
⭐️ Await Confirmation: If the price drops below EMA 200, consider increasing Short positions.
⭐️ Focus on Short-Term Trades: With RSI near neutral, short-term trades on daily fluctuations may be safer.