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7.10 Early Morning Big Pie / Posture Analysis
On the 4-hour level, in the early morning there was a breakout from the ranging consolidation zone with a volume expansion long bullish candle. The bulls’ offensive strength is sufficient; the subsequent smaller candlesticks on reduced volume are a short-term consolidation after the surge.
Currently, RSI is in the neutral range, with no overbought pullback pressure. This round of rising market conditions still has room to continue.
In terms of operations:
Big Pie: Set up positions in the 62500-62700 range on the pullback, targeting 64500-65500.
Posture: Set up positions in the 1730-1750 range on the pullback, targeting 1850-1900.
Notice:
The above analysis is Muyao’s personal analysis. The market changes rapidly. This content is for reference only and does not constitute any investment advice!
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