Consider a thousand times, it's not as good as doing it once; hesitate ten thousand times, it's not as good as practicing once; a gorgeous fall is better than aimless hesitation. The future you will definitely thank the present you for your hard work. Good morning, everyone.
Yesterday's white plate rhythm was weak and oscillated downwards, and the low point also reached the 25965 level. After several weak attempts failed to continue, the price began to rebound and repair in the late session, with the high point reaching the 26440 level and facing pressure. The 26000-25800 area we laid out in the white plate also had a space of more than four hundred points, but unfortunately, due to physical issues yesterday, we did not capture this wave of space. It's regrettable to miss it, but there were no problems in our thinking. It's just that due to physical issues, a little rest and adjustment, the subsequent progress will only become simpler.
From a technical perspective, looking at the daily chart level, after the price did not continue to decline yesterday, there were signs of easing on various moving averages, and the previous weakness did not appear, instead entering a period of consolidation and repair. The support below is still slowly moving up. As the saying goes, the price is only a phase of retracement and repair. When the consolidation is completed, it will be time to break through to new highs.
Looking at the small time frame, the price channel is spreading downwards, but the pressure testing above is at the previous high point. The selling volume is in a stage of decreasing and is about to be completed. The moving averages also show signs of turning, coupled with the upward trend of the short-term price channel and the support of the long position volume, the subsequent rise becomes only a matter of time. The current weakness shown in the small time frame is only to cooperate with the daily chart for repair, and it does not have much impact on the subsequent rise. Therefore, in terms of operation, we continue to maintain a low long position.
Operation suggestion: Long in the 26000-26100 area, with a target of 26600-26800 area. Breakthrough target: 27200-27500 area.
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