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The rhythm in the early morning has not seen much change. The price has maintained a fluctuating consolidation, and it has been mentioned in the early morning to continue to focus on long positions around the support. The price also made a downward probe. In terms of strategy, we have not made any mistakes. Let's see how to arrange for today's morning session.
From a technical perspective, looking at the short-term cycle, after multiple attempts, the price, due to the lack of upward space, resulted in the inability of the long side to release energy, leading to price pressure and a pullback for repair. However, the multiple upward probes are gradually opening up the upward space, and the pullback space is not enough to change the current rhythm. The pullback is just necessary for the rise. Only by taking one step at a time can the price rise more steadily.
Looking at the short-term cycle, after the price pressure, there was a pullback for repair. Although the price broke through the middle track support, it did not continue and was recovered by the long side. In addition, the price channel is expanding upward, and the support is gradually rising. The subsequent pullback space will only get smaller and smaller, so we will maintain a low long position in the subsequent strategy.
Trading suggestion: Long in the 27050-26850 area, with targets at 27550-27850-28150.
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