Monday morning, August 19th
A new week, a new beginning. The market prices 🈚️ fluctuated greatly in the two days of weekend trading, until there was a straight downward trend in the morning. This is completely consistent with the general direction ⬆️ released before. Regardless of 📈 or 📉, as long as the 🈶️ space is available, it can be operated. What I fear the most is sideways shocks.
Now look at the daily chart and the four-hour chart. After the market was flat, it once started a downward trend of two short and one long periods. The wave was high and strong, the support level was insufficient, and the Bollinger Bands mouth retracted, and the pin fell below the middle rail. In the short-term period, there will still be a downward trend. In small cycles, you should enter the market cautiously and wait patiently for 1-2 hours before entering the market based on market conditions. The conversion point of Duotou still has not been broken, although it has been repaired to a certain extent. However, the strength is not enough, and from the surface, the Kong head is still dominant, so it is recommended to carry out the morning operation with a low level and a high level. #美国CPI数据连续第4个月回落 #美国7月PPI低于预期 #
Monday Morning Actions and Suggestions
Bitcoin near 59000-60000 area ⬇️
57800-57200 will continue if it breaks, otherwise it will be reversed if it does not break.
Light warehouse with bamboo shoots
(Personal advice, for reference only, please refer to Shipan for details, please invest with caution)