The probability of a short-term pullback has increased, and a short position has been opened opportunistically.
From a technical perspective, after a slight increase in volume during the consolidation phase of the larger time frame (4H/6H), there was a sharp decline in volume. The smaller time frame (1H/15M) also shows a weakening technical pattern,
indicating a hidden increase in selling pressure due to the divergence in volume and price.
After nearly a 20% rebound in this round, the demand for profit-taking continues to accumulate.
Non-farm payroll data is inherently a potential positive, but there has been no high opening reaction in the market, indirectly confirming that the market has already priced in expectations,
Be cautious of the exhaustion of bullish momentum after all positive news has been released.
