Jincai on Currency: After the long position takes profit, it starts to retrace and waits for support on the short term, waiting for support to continue to rise!

Every day, personal suggestions will be posted in the live trading group, grasping key points, controlling positions, and following trends. Mainly focusing on spot, contracts, adept at trend layout, operating around short-term fluctuations, medium and long-term trends, daily, weekly, and monthly trend top and bottom predictions!

Click to watch the video: Jincai on Currency: After the long position takes profit, it starts to retrace and waits for support on the short term, waiting for support to continue to rise!

After the midnight rise, it is currently oscillating under continued pressure at the top. The four-hour trend is currently in a high-level consolidation phase. The current candlestick has returned to near MA5, but the current sub-chart indicators are also oscillating at high levels. Therefore, for the short term, it still needs to go through a round of retracement support before opening up the subsequent market. The support below is around 1760-1770. Aggressive traders can take short positions in the short term. After the short-term retracement support is held, they can continue to seize long positions. The upper pressure is also around 1750-1760, maintaining operations within the range of high short and low long. If the upper pressure can be broken through, then continue to look upwards. Further upward pressure is at 1860. Maintain the current range and wait for the subsequent range to open up for a breakthrough!

Market fluctuations are fast. Due to the impact of review timeliness, for the subsequent market trends, real-time layout in the live trading group is the main focus. The suggestions are for reference only!

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