On the daily line, we saw that it was still in the downtrend channel. After the sos on February 8th,
there was a few days of decline. On February 14th, the bottom was at 3533.
Yesterday's UT confirmed the bottoming, and also said that the supply is exhausted, and the hourly chart must be able to see the infinite decline.
Today's rise is not the follow-up of demand, just because supply is exhausted. The rise in the turbulent zone should now also test the top (about 3660 location) supply, if there is sos or spring, it will enter a new wave of rise. If UT or sow appears, it indicates the beginning of a new wave of decline.
What signals do we see from the hour line? The bottom of the shock zone has been constructed, and the demand has followed. The last 4h appeared ut, indicating that the supply began to enter the market. If the current 4h line cannot break through this ut, the probability will begin to fall. Otherwise, it continues to rise and hit the upper pressure zone.
In 1 hour, we saw 2 UTs, the top pressure energy gradually became apparent, the demand could be decremented, and the probability was short.
------Analysis is for reference only, please take a good stop loss-----
there was a few days of decline. On February 14th, the bottom was at 3533.
Yesterday's UT confirmed the bottoming, and also said that the supply is exhausted, and the hourly chart must be able to see the infinite decline.
Today's rise is not the follow-up of demand, just because supply is exhausted. The rise in the turbulent zone should now also test the top (about 3660 location) supply, if there is sos or spring, it will enter a new wave of rise. If UT or sow appears, it indicates the beginning of a new wave of decline.
What signals do we see from the hour line? The bottom of the shock zone has been constructed, and the demand has followed. The last 4h appeared ut, indicating that the supply began to enter the market. If the current 4h line cannot break through this ut, the probability will begin to fall. Otherwise, it continues to rise and hit the upper pressure zone.
In 1 hour, we saw 2 UTs, the top pressure energy gradually became apparent, the demand could be decremented, and the probability was short.
------Analysis is for reference only, please take a good stop loss-----
