If prices continue to fluctuate below 4200 next week, we will continue to be bearish. On Friday, we first profited from a rebound based on oversold signals, then shorted at 4170 after a stall at 4180, exiting all positions with profits before the close. Overall, the market's expectation of interest rate hikes currently overshadows the positive impact of a ceasefire. If prices break above 4200 at the open next week, we will immediately follow the trend on any pullback, with a stop-loss of around $10 and a target of over $20. Please manage your positions flexibly.
Catatan
At the start of the week, the strategy was to remain bearish but avoid chasing the downside; instead, the plan was to short upon a rebound toward the 4220 resistance level—a move that played out perfectly as the price spiked and then retreated shortly after the open. In live trading, a short position was opened at 4112 and successfully closed at the 4070 target, securing an initial profit of 42 points. Currently, the 4-hour chart shows a rebound from a low level, with the price retracement stabilizing above the moving average. The Bollinger Bands are narrowing, indicating an overall bearish bias. However, the buying support at the 4100-4000 level is strong, so shorting is not recommended. The daily chart hasn't shown further widening, so a wide-range consolidation is expected. Resistance levels are at 4245-50 and 4290-4300, while support levels are at 4120 and 4060. The recommended strategy is to buy low and sell high.Continue to look for shorting opportunities near the 4250–4246 range.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
