During today’s session, I gave a clear and early signal that the price would rally to at least 4550 and above.
The market has since fully validated my view—so far, the high has reached around 4554, and we are now in the profit-taking / distribution phase following a sharp spike.
Looking at the 2H / 4H chart structure, the rebound is not over yet.
As long as the pullback does not break key support or damage the current pattern, the price is likely to rally again—and the next leg higher is expected to exceed today’s high.
So our main focus now is to identify buying opportunities.
The current level is a bit high. For risk-averse traders, it may not be an ideal entry.
But for those with a stronger risk appetite / a gambler’s mindset, it could serve as an initial test position.
The choice depends on your own trading style.
From a technical perspective, I personally see a higher probability of further upside.
The market has since fully validated my view—so far, the high has reached around 4554, and we are now in the profit-taking / distribution phase following a sharp spike.
Looking at the 2H / 4H chart structure, the rebound is not over yet.
As long as the pullback does not break key support or damage the current pattern, the price is likely to rally again—and the next leg higher is expected to exceed today’s high.
So our main focus now is to identify buying opportunities.
The current level is a bit high. For risk-averse traders, it may not be an ideal entry.
But for those with a stronger risk appetite / a gambler’s mindset, it could serve as an initial test position.
The choice depends on your own trading style.
From a technical perspective, I personally see a higher probability of further upside.
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