Monday is the first day of the week!!!
After finishing the 6-month meeting, I'm so hungry that I could faint, everyone😆
I'm just having lunch while updating the situation a bit to ease your worries.
💥 Near noon, the H1 frame has broken out, but hasn't surpassed the old distribution zone of 106.8-107.
(If anyone doesn't understand about the distribution zone and the accumulation zone, just click on the name of this page --> go to the 'posts' section --> search for the content you need to find).
💥 The current H4 state is positive but hasn't closed a candle, and the RSI is only neutral, not corresponding yet.
--> Need H4 to close above 106.5 with volume & RSI increasing to confirm a true reversal, otherwise everyone might get trapped (if below, the price could completely go sideways or decrease again).
--> Target: 107.2-107.8-108
💥 I always remind: Don't fomo at resistance/support, temporary highs/lows, don't enter trades when the price movement hasn't been confirmed/sideways.
💥 Always practice trading DISCIPLINE: set SL and TP for each trade. no all-in.
💥 Note: I only write personal opinions to provide you with more information and a reference perspective. This is not investment advice, and there are no groups or copy links for you!!!
This season is extremely sensitive, prioritizing short-term assessments!