๐ง We have also entered the correction stage after completing the daily level target, which is very reasonable. The daily level correction cannot be completed in a short time, and there is still about one month left before the production reduction. This monthโs There should be more complex consolidation stages in time.
โก๏ธFrom a structural point of view, the hourly short target area has been realized, so there is a rebound expected in the 6h area. If we build a cup-and-handle bullish structure after the rebound, then we will use this structure as a supporting force to continue to rise.
โก๏ธIf we fail to successfully build an hourly-level long structure and choose to fall, then we will most likely go to the daily-level buying zone, and then we can focus on buying opportunities in this area.
Let's see๐ โ ๏ธAt the same time, donโt forget about risk management.
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