As a local correction after a continuous rise of large bullish candles, the current range is small, belonging to a strong horizontal consolidation correction method. The daily and weekly charts are expected to further break higher. Pay attention to the re-expansion after this short pause in consolidation. The next two days are the time volume nodes. The duration of consolidation in a strong market usually does not exceed three. After a strong rise in the 4-hour chart, the bearish pullback is a consolidation, and the midnight pullback is just to accumulate enough momentum for the next bullish surge, allowing for indicators to be corrected. In the future market, further high-level consolidation cannot be ruled out, and the pullback will also be a slight retracement confirmation. Combine with intraday patterns to observe the strength of the correction. If there is a direct rise after a strong consolidation correction, adjustments will need to be made to re-enter long positions, with the main strategy being to buy on dips.
Operational Suggestions
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