5.3 Saturday Pancake Navigation Analysis
Last night's non-farm payrolls + unemployment rate forced the price ratio to slowly fluctuate upwards. Brother Xing's short position also took some hits, but fortunately, the long-term holdings of the orange were gradually taking profits from the day before, starting from 940 and reaching last night's high of 97800, averaging a space of 3000 points!
From the current perspective, the price ratio has surged and then retreated, currently back at the critical watershed of 96500. The weekly chart shows four consecutive bullish candles, the daily MACD momentum is slightly shrinking, but overall it still presents a bullish alignment. The 4-hour level is also slightly shrinking, but it poses little threat to the overall 📈. Given the low liquidity in the weekend market, we will directly open a position around 96500-96300, targeting 97500-98000. Pay attention to 96100 and 95700 below.
Just synchronize with the attitude.