Looking at the chart, I see that 76 is not a signal to "go forward and even higher," but rather a point where caution should be exercised. In the short term, a signal to exit positions is already emerging, so what should we do? Wait for a pullback to 71-72 and then re-enter long positions on the rebound. The target on the rebound is around 75, but again — be alert and don't be greedy at the top.



The second half of the month is interesting. I expect further decline to 70, and then a final push up to 76-77 to complete this cycle. The key point — avoid catching the tops and holding positions through resistances. It's simple: pullback, entry, exit, wait for the next signal.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin