Latest Trading Suggestions for June 13th
From the current 1-hour chart, the recent market trend shows a significant downward movement. The Bollinger Bands are widening, and prices continue to operate below the middle band, with the bearish forces dominating.
Looking at the MACD indicator, the DIF and DEA lines have crossed downwards below the zero axis, indicating a strong bearish trend. Combined with these technical signals, the current market atmosphere is bearish, and we continue to hold a bearish outlook.
Trading Suggestions: Bearish around 104200, protect at 104800
Target 102600-102000
