The rebound that started at 100300 has been consistently down 📈, without any pullback structure. However, theoretically, a new top structure may form on the right side here, and the 4h Elliott Wave Theory has completed a daily chart pullback. Personally, I still suggest treating it as a high-level consolidation first, because from the daily chart pattern, the drop after the peak formation has not resulted in a top-bottom conversion (it seems more like a bull trap action completing a handover).
You can make a medium to long-term order within the range of 115000 to 117000. Around 108700 for the intraday, target 110500
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The rebound that started at 100300 has been consistently down 📈, without any pullback structure. However, theoretically, a new top structure may form on the right side here, and the 4h Elliott Wave Theory has completed a daily chart pullback. Personally, I still suggest treating it as a high-level consolidation first, because from the daily chart pattern, the drop after the peak formation has not resulted in a top-bottom conversion (it seems more like a bull trap action completing a handover).
You can make a medium to long-term order within the range of 115000 to 117000.
Around 108700 for the intraday, target 110500