Evening Analysis of the Second Cake
The second cake dipped to around 4060 in the morning and rebounded to oscillate around 4240.
Second Cake Trading Suggestion: Go long below 4230-4160, target 4350-4300 above.
On the hourly chart, the short-term consecutive bullish candles broke through the middle Bollinger Band, and the bearish pressure is weak and hasn't pushed back, but the rebound hasn't escaped the downward channel.
Conversely, enter short at 4250-4300, short-term target 4060, long-term target 3600.
