Just experienced a round of pin-style downward killing, quickly rebounding after touching the lowest point of 1.9841, currently showing a temporary stop decline signal, and a technical recovery is expected in the short term.
K-line structure analysis
1-hour chart:
The pin low of 1.9841 shows a significant lower shadow, indicating that there is certain buying support below this position;
EMA moving average shows a bearish arrangement, but the price has successfully returned above EMA5, indicating a preliminary confirmation of a short-term stop decline;
SAR reversal point below forms a support level, indicating that signs of a short-term trend reversal are forming;
After the BOLL channel significantly opens, it has initially converged, belonging to a balance stage after an overshoot.
Moving average suppression range:
MA5: 2.05 (has broken through)
MA10: 2.09 (short-term pressure)
MA20: 2.13 (secondary target position)
Operation strategy suggestion
Currently in the first wave of short-term 'deep V recovery', there is speculative value, suitable for light position attempts to layout a rebound wave:
Current: 2.05
First Zhi Ying Position: 2.08
Second Zhi Ying Position: 2.11
Zhi loss position: 2.01
