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US CPI data is about to be released, and market risk sentiment is heating up. WHY recently fell back to support levels, and the MACD on the hourly chart also shows a bullish crossover signal. This is a good position to lay in wait.
My plan is to enter in two batches. First, establish the initial position around 0.0000184, and if it continues to adjust, add another at 0.0000174. Although the risk isn't large, this kind of aggressive trading can be completed in one move—if it can't break the support, then look directly at 0.0000216. The return ratio is still acceptable.
Trading like this requires some courage. Before the data is released, prepare your positions so that no matter how the market moves, your mindset remains stable. Of course, risk management is essential; 0.0000174 is my stop-loss level. If it breaks, accept the loss and exit.