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Damn! PG's market movement is too wild, the market makers are wildly matching buy and sell orders around 143.5, and the candlestick chart looks like an electrocardiogram. This is definitely a shakeout, with large orders pressing down, retail traders' chips are being drained quickly.
Purely from the capital perspective, the resistance zone above 145.2 is strong, it can't be broken through. The hourly MACD shows a confirmed bearish divergence, the energy bars have turned green, and a bearish signal has already appeared.
The current price at 143.55 can be directly shorted, with the stop-loss set at 145.8. The first target is 140.5, and if it breaks below, look at 138.
This market is truly incredible, if you want to follow, check the real-time order book below, don’t say I didn’t warn you.
👇👇👇👇👇