July 11th Big Pie Aunt's Evening Thoughts
The current market trend is already very clear, with bulls firmly in control. The daily chart has shown four consecutive bullish candles, demonstrating strong movement and a clear one-way upward pattern. At the same time, trading volume has been continuously increasing, providing solid support for the market. The bullish trend can be said to be very distinct.
From the four-hour level, the Bollinger Bands are consistently widening upwards, with prices stabilizing above the upper band and continually diverging upwards, a typical strong upward attacking pattern.
As the market keeps refreshing its high points, there is no significant resistance above, and there is short-term momentum for further upward movement, likely aiming directly at the 120000 mark. In the face of such a trend, the only correct action is to go with the flow and not to go against the trend. In the face of trends, emotions and biases must make way.
Personal Suggestions
Big Pie: Enter at 117300-116500, target looking at 119000-120000
Aunt: Enter at 2960-2930, target looking at 3050-3100
