After the market has rebounded, now we look back to confirm whether it can continue to have a decent market. It still seems to be quite confusing and tends to fluctuate. Because this wave of market has increased significantly, there are more profit orders. In order to clean up the market, You should also consolidate for a while and backtest!
From a four-hour perspective, the downward channel has just stopped falling. The first wave of counter-draws is now confirmed. The price is now near the 60-day moving average, which is around 65500, suppressing the 60-day moving average. Many recent lines are entangled in In this area, as long as this wave of retracement does not break the half-year line, the rebound trend will continue around 63200 and will continue to rise to new highs! Technical indicators are now at high levels after a wave of rebound and need a wave of retracement to rest and wait for the next upward move! The time has come to Friday, Saturday and Sunday. Basically, there should be no big fluctuations in theory, but accidents are not ruled out! So we have to wait until next week to see how the market will go!
Pressure 66700 68200
Support 64200 63200
