8.12 Midday Thoughts and Suggestions on Titanium
The daily chart shows three consecutive small bullish candles, breaking through the star line consolidation range, with higher lows and higher highs, indicating a strong oscillation. The strong momentum continues throughout the day, currently testing the mid-range pressure of the daily wide range.
On the four-hour chart, it has stabilized above the middle band of the Bollinger Bands and has opened the upper band, with two consecutive bullish candles indicating strong upward momentum in the short term. It is recommended to take short positions first and then long, with good risk management.
Operations and Suggestions
Go long in the 4270-4250 range with a target of 4350.