This week there are many shooting stars and inverted hammers. Operate cautiously and do not take a Heavy Position.
The solid break below the pancake 83 position can be shorted, initially targeting 813/808. The 86 entity breakout can go long to 8.7-8.8 Continue to observe at the 8.8 position, if it can't go up, then short. Breakthrough at 8.9, target around 9.2. Currently, bulls are dominant but not enough to break through. A three consecutive bullish candles or a sideways adjustment until next week is needed to raise the expectation for an upward move. The main focus is on this week's line-up. The 4-hour Bollinger Bands have already contracted, and as soon as the platform is pulled, a small trend will be triggered immediately, which is expected to arrive soon. Currently, the bulls are strong, but do not let your guard down; it could take just a minute to crash the market.
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This week there are many shooting stars and inverted hammers. Operate cautiously and do not take a Heavy Position.
The solid break below the pancake 83 position can be shorted, initially targeting 813/808.
The 86 entity breakout can go long to 8.7-8.8
Continue to observe at the 8.8 position, if it can't go up, then short. Breakthrough at 8.9, target around 9.2.
Currently, bulls are dominant but not enough to break through. A three consecutive bullish candles or a sideways adjustment until next week is needed to raise the expectation for an upward move. The main focus is on this week's line-up. The 4-hour Bollinger Bands have already contracted, and as soon as the platform is pulled, a small trend will be triggered immediately, which is expected to arrive soon. Currently, the bulls are strong, but do not let your guard down; it could take just a minute to crash the market.