In normal circumstances, a rebound occurred the previous day, and the next day we look for a continuation of the rise; unless the price just happens to touch the key resistance level above, then we look for a pullback.
The daily resistance is between 11.05-11.07, and it has not been tested yet, so a pullback to 10.85 (hourly support) today is mostly in line with the trend logic!
However, tonight there is obviously a lack of strength in the rebound, and after turning bullish on the hourly chart, it was swallowed by a bearish candlestick. Continue to pay attention to the low point around 10.7 from last Friday, and if it pulls back to this position, we can consider going long again, around 2500 for the auntie!
Last year's low of 38550, high of 108400, an increase of nearly 70000 points Today's low of 74500, high of 112000 (a historical high), an increase of 37500
The daily range of 2380-2730 shows a clear oscillation structure, with strong resistance at 2680 on the four-hour chart. This level is also a price that is very likely to be tested after breaking last week.
On Wednesday night, there are more longs at 10.8, on Thursday more longs at 10.85 looking bullish at 115,000, and on Friday more longs at 10.75 successfully breaking through 10.9.
Just these three publicly disclosed longs add up to a space of 6K points; you say losing a trade or two normally is nothing, just a drop in the bucket!
Consolidated for two days, the hourly chart has rebounded; Friday night at 10.75, I have already secured 1000 points, and in the short term, I continue to see resistance at the 10.9 level!
After being pressured above 110,000, it has fallen back again, showing sideways fluctuations over the weekend. Pay attention to the support level at 107,000 below; if this position holds, we continue to look for a rebound. The pressure above is at 109,000; a rebound to 108,800-109,000 can be shorted!
Last night it was over 10.75, today it rebounded to above 10.83, leaving a space of 800 points; even if you exit now, you can still gain 600 points, manage it yourself!
When did the big pancake break 110,000, we didn't just go long all the way up!
Going back to the US election in November last year, I had already positioned long at 68,000, continuously bullish on 90,000 and above 100,000, with tens of thousands of points space to achieve glory in one battle. Looking back at the last bottom of 98,000, going public long at 100,000, and continuously looking up to 104,000-106,000-108,000-110,000.
These are all great achievements witnessed by everyone, and the reason why you have continuously followed and accompanied me!