11.7 Trading without ideas, Li Honglai guides the way
#特朗普加密政策承诺 #美国大选后涨或跌？ #美联储利率决议来袭
We published a post at 9 o'clock in the morning, saying that the market was short at 75800 to 762000, and the target was successfully stopped at 75000 to 74500. The long entry point was 74500, and the short-term profit margin was also 500 points. Ether gave a short at 2830-2850, and also made a lot of profits. There is no shortage of defenders and dreamers in this world, but the courage to explore and the spirit of hard work are lacking. Don't be bound by your inner hesitation and cowardice, take action, and you will eventually become the best version of yourself. From the daily line structure, the market closed with a huge positive K-line, and after the early trading today, it is currently showing a small negative K-line retracement trend. However, it is worth noting that the current lower shadow line has touched the upper rail of the Bollinger Band and obtained support, so the area around 74400 can be regarded as a short-term support level.
From the four-hour line, the market has been falling for three consecutive negative lines, and the price ratio has returned to the upper rail, but it is still far away from the middle rail. At the same time, the RSI indicator is already in the oversold area, and the KDJ indicator line shows signs of a dead cross. In addition, the MACD indicator has also slowed down after reaching a high level. However, as long as the short-term support of the bottom 74400 line in the structure is not broken, we can still continue to be bullish. After all, the price ratio has still walked out of a relatively strong trend on the large cycle line, and there are no signs of too much correction. From a short-term perspective, the pressure on the middle rail makes the market still have a certain amount of retracement space. Therefore, in the short term, 74400-75000 can be regarded as a shock range. We just need to continue to wait for the market to correct, and then we can expect the market to rise again.
——The above article is carefully written by Li Hong Trend. The views in the article only represent the author's personal views and do not constitute specific operational suggestions. There may be differences in the points of each platform. Investors are requested to make careful judgments based on their own circumstances. The article has a lag, and the risks of operating based on it are at your own risk. For more real-time analysis and trading strategy information, please click on my avatar to obtain it.
