7.20 Monday 2️⃣ pancake

Current stance: On the hourly timeframe, it looks like a breakout of the descending trend line, but 1898—the hard ceiling—is right overhead. If you can’t get through it, it’s pointless. The ideal scenario is to hold the trend line, build energy, and then attack 1898. If it retraces and breaks through the trend line, 1854 may not hold—below that, watch 1805.

How to short: 1864’s real body breaks through and the bounce-back lacks strength. If it turns into a short setup, enter short, and strictly use a tight stop.

Retracement to test highs/retreat to test: 1826 holds on the small range test; if 1798 breaks, don’t linger.

Potential short zone: If 1948 is given, take a short bite there; if 1988 breaks, give up.

Four-hour defense line: If 1847 breaks, look down to 1801 → 1760—keep it in mind.
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