6.16 Monday Evening Operation Strategy
The road to success is not crowded because there are not many who can persist to the end. When you want to give up, please tell yourself to hold on a little longer because often it is this little perseverance that brings you one step closer to your dreams.
Bullish Dominance, Clear Upward Trend
From the four-hour technical indicators, the breakout of the K-line from the upper Bollinger Band is a key signal. The upper Bollinger Band usually represents the recent pressure level. The successful breakthrough of this position by the K-line means that the price has successfully overcome recent pressure and entered a strong area. This fully indicates strong bullish power, which can overcome bearish resistance and push prices to continue rising.
Reviewing the daily structure, the previous daily continuous rise recovers the previous pullback space, and the price touches the upper band while maintaining high-level fluctuations, which is also a very strong performance, indicating that bullish strength has long been dominant, and the market is in a strong pattern. In this strong pattern, the market often completes corrections through high-level fluctuations, i.e., time corrections, and bulls will not leave the market with too many pullback opportunities.
Evening Operation Suggestions
Long at 106000-106500 Target 107500
