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5.11 Morning Auntie Disk 🍜 Poetry Viewpoint
Auntie surged higher and then pulled back, how far can this bullish trend go?
Auntie’s 4-hour cycle has formed a standard V-shaped recovery pattern, stabilizing at the stage low of 2263.43 and rebounding quickly, recovering the previous decline, currently trading around 2354.96, near the key resistance level from the previous downtrend, showing an overall high-level consolidation after the rebound.
After breaking through the 2320 key platform, it quickly tested the pressure near 2380, followed by a small shadow line, which is a normal consolidation signal after an upward move, with no obvious reversal pattern, and the overall rebound trend has not been broken.
Auntie suggests: buy near 2330-2350, stop loss at 2300, target 2380-2400, and after breaking through, look towards a higher range.
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