Sharing the idea behind last night's short position, a bearish structure appeared on the 5-minute chart, and I planned to short around 2367/2380. I switched to the 30-minute timeframe, and the price broke below the uptrend, which was also a continuous decline. I preferred to short around 2383, so I canceled my order and set an alert, preparing to short at 2383.6. The target was the 0.5 level on the 2-hour cycle at 2353.4. Late at night, I simply couldn't hold on anymore, and the trade failed. If the market continues to develop along the 30-minute bearish trend, the 2308.5 level will be a key support/resistance point. This is the 0.5 level on the 4-hour cycle. The 2286.6/2256 levels are long entry points, and also target levels for short positions. Different cycle timeframes are nested within each other. Following the market development, both long and short trades can be made; trade with the trend. Be clear about which trend is dominant, follow that trend, and understand where the allies are willing to act and where the opponents will resist. Watch these key levels to see if it's a take-profit reversal or a continuation of the pattern. Observe the battle at these critical points; it’s all trend-following trading. Different cycles have different strengths—trade with whoever is stronger.