Jin Dachuan 8.2 Pancake Strategy
This time, the crash by Jin Dachuan was unexpected. Looking at the market trend, this is not a normal operating state; it resembles a washout that aligns with the imitation market. The five consecutive daily declines have proven that this is part of a washout process. Our team has indeed suffered losses in the past few days, so when trading, remember to safeguard your position. It's better to take small losses than to resist the trend! The weekend market will likely be volatile, so just focus on short-term trades!
The small bullish flag bottom has been broken, and there is currently no market structure supporting a significant rise. However, the subsequent recovery of the MACD indicator will provide some confidence. Jin Dachuan has consistently maintained a short-term target of 128,000, and this will not change.
I recommend trading within the range of 112,500 to 114,500 for short-term gains, leaving a low position to speculate on subsequent rises.