The biggest benefit of strictly following a strategy is that it makes trading easier, without being swayed by emotions.
Take #LQTY as an example. After choosing to take profits near a large sell order on the order book, even if the price later experiences a pullback, I can accept it calmly and even consider looking for opportunities to increase my position during the pullback.
Conversely, if I hadn't taken profits on this trade, I would easily fall into various subjective judgments, worrying about whether there will be a significant drop or if it will reach new highs again, making it easy for my mindset to be repeatedly influenced by market fluctuations.
#LQTY triggers a daily overbought signal, combined with a large sell order at 1.5210. Long positions can consider taking profits in batches.
If the price continues to rise, 1.9341 is also a noteworthy profit-taking level.
From the price structure perspective, LQTY's one-sided upward trend is very clear, with higher highs and higher lows, so we are not considering going short for now.
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