Currently quoted around 3190-3200. The 1-hour K-line's white upward trend line has been broken.
So simply put, tonight's trading can be summarized in four words.
Short, [short first then long], if you haven't entered a short position, you can consider:
Enter before the US market opens, wait for a rally to add more positions, and target a drop to around 3120.
Once 3120 breaks, set a trailing stop for profit and then go long.
It’s probably better to wait until after 3 o'clock, which is in the late night.
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Currently quoted around 3190-3200. The 1-hour K-line's white upward trend line has been broken.
So simply put, tonight's trading can be summarized in four words.
Short, [short first then long], if you haven't entered a short position, you can consider:
Enter before the US market opens, wait for a rally to add more positions, and target a drop to around 3120.
Once 3120 breaks, set a trailing stop for profit and then go long.
It’s probably better to wait until after 3 o'clock, which is in the late night.