ðĪ·Unfortunately, the long order we left yesterday was wiped out after the stop was moved up. But it doesnât matter, itâs just a small profit.ð°ðŧ
ð§ At present, we have once again come to the contradictory interval, which is also called the unprofitable interval, so we choose to give up the long trading opportunity here.
âĄïļIf we choose to break directly above the major resistance zone and successfully break out of the inflection point, then we will focus on the long trading opportunities after the pullback.
ðThe best case scenario is that we can return to the vicinity of the buying zone and then construct a new long structure before entering a new long trade.âïļ
â ïļNote that if we break below the bulls' defensive level, then we are likely to enter a deeper correction.ð
Donât forget risk managementðŊ
âïļTrade safeâïļ
ðĪIf you like my analysis, please like ðand share it
ðfollow me. Learn about further structural evolutionð
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ð§ At present, we have once again come to the contradictory interval, which is also called the unprofitable interval, so we choose to give up the long trading opportunity here.
âĄïļIf we choose to break directly above the major resistance zone and successfully break out of the inflection point, then we will focus on the long trading opportunities after the pullback.
ðThe best case scenario is that we can return to the vicinity of the buying zone and then construct a new long structure before entering a new long trade.âïļ
â ïļNote that if we break below the bulls' defensive level, then we are likely to enter a deeper correction.ð
Donât forget risk managementðŊ
âïļTrade safeâïļ
ðĪIf you like my analysis, please like ðand share it
ðfollow me. Learn about further structural evolutionð
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ð§ From a structural point of view, we have constructed a double bottom bullish structure in the buy zone, so we have a strong rebound. As for whether we can continue the bullish power, we need to observe whether we can successfully break through the main resistance zone. If we can successfully break through, Then we need to observe the long trading opportunities after the pullback. Otherwise we may yet enter a significant correction phase, so please remain vigilant.â ïļ
ðĪ·Unfortunately, the long order we bought near the buy zone was wiped out after the stop was moved up. However, we still chose to hold the short order opened at 70715.ððŊ
âïļBe patient and let's see where things go next.ð