7.14 afternoon Chenye Erbing analysis


📉 Market review
This morning, Erbing surged to 1846 and then quickly dropped to 1750. It is currently continuing a slow rebound.
🌍 Trend outlook
Due to the current international situation, bullish momentum is clearly insufficient, and in the short term it is difficult to support a strong rebound in price to above $1,900. For the afternoon, the overall approach is to focus mainly on going short at higher levels.
🎯 Trading strategy
● Entry range: If the market rebounds back to the $1,770 - $1,790 range, you can look for an opportunity to open a short position.
● Risk control: Keep a strict defensive setup; place the stop-loss above $1,900 to guard against the risk of a sudden surge.
● Downside targets: Profit space is sequentially expected to move toward the $1,720 support zone.
💡 Trading suggestion
With current conditions suppressed by macro news, it is recommended to stay patient, control position size, and never blindly chase or sell in panic. #伊朗宣布关闭霍尔木兹海峡
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