7.18 Afternoon Analysis
Main Analysis
On the 4-hour and 15-minute levels, the Bollinger Bands are opening and flattening, presenting a consolidation pattern. The position at 120800 has been unable to break through multiple times, showing clear characteristics of a resistance level.
On the 1-hour level, the trend is relatively strong, and the upward movement of the points is worth noting. After breaking through the resistance level, go long directly; if it hasn't broken through, a pullback to make a long position is also relatively safe.
Secondary Analysis
The overall trend is 'a long rainbow', and pulling back to make a long position is a strategy that aligns with the trend.
Suggestions
Main: Go long around 119000-119500, with a target near 120800-121800.
Secondary: Go long around 3620-3640, with a target directly looking at the 4000 mark.
