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Intraday high point precise harvesting! Evening long and short ideas to plan ahead
Morning resistance level locked at 4708-4715, in the afternoon the price surged and broke through to 4718, although it broke the morning range, the stop-loss above 4720 was not hit, so I decisively called short at the current price of 4718, successfully capturing over 20 points profit.
If the evening continues to rise, it is likely to break through 4718, with strong resistance still at the 4725-4735 range, which can be used to continue short positions; the ultimate strong resistance is at 4750, if it later breaks through 4735, short positions can be placed around 4750.
If the market does not continue to surge and turns downward, the support zone at 4660-4670 can be used for light long positions, targeting the 4700-4715 range. The overall strategy remains focused on high-level resistance, prioritizing short positions on surges, with long positions only for short-term pullback trading.