1. 1-hour line (short-term rhythm)
The current trend is in a short-term moving average entanglement zone, the Bollinger Bands are beginning to converge, volatility is decreasing, typical of a 'direction accumulation' phase;
The upper high point of 15.23 constitutes local pressure, and there have been two short-term failures to break through;
The area around 14.20 has confirmed support multiple times, effectiveness has increased;
CCI is currently oscillating around 40, belonging to a slightly strong range.
2. 4-hour line (medium-short rhythm)
Moving averages are beginning to diverge, and the trend remains above the middle track;
After confirming the last pullback at 13.50, it rebounded upwards, and the structure remains;
Currently, the pullback to 14.30 has gained support, while 15.00 remains a key resistance.
3. Daily level (major rhythm judgment)
After bottoming at 7.134 in mid-April, a gradual upward trend has begun;
A clear W-bottom structure has formed recently, with the neckline at 15.25, which has not effectively broken through;
Currently oscillating and consolidating below the neckline, daily trend is not broken.
Operation suggestion
Direction judgment: I tend to be bullish, today's oscillation is more likely to be upward.
Current price reference: 14.6
First support level: 14.4
Second support level: 14.1
Stop-loss level: 14.8
