Big Pie, Concubine Today’s Thoughts · 7.10
Yesterday’s market low was probed multiple times nearby, but it was quickly bought back, indicating that the buy-side demand below is still holding up. I don’t know how many brothers caught the move yesterday—if the key support isn’t broken, then the pullbacks in the early session/European session are opportunities provided to the bulls for entry. Don’t chase longs; wait for the pullback long setup.
Although the larger cycle hasn’t reversed, the hourly/4H chart has formed a higher low, and the middle band of the Bollinger Bands has turned upward. In the short term, this is a technical rebound and repair within a downtrend. There’s resistance overhead at 63,500–64,000, but in the 62,000–61,700 area, there’s a “giant whale” bottom-bidding and holding/absorbing. As long as price hasn’t broken down on a confirmed basis, you can consider short-term long trades to bet on the rebound extending.
Trading plan:
Big Pie: Go long around 625–628, add around 615. Stop loss at 610 (rejection). Targets: 645 and 650.
Concubine: Long around 1720–1730, add a small position around 1700. Targets: 1780 and 1800. If it breaks through, continue looking higher toward 1850.
#美国初请失业金降至21.5万 #SK海力士ADR定价149美元 $NVDAB $BTC $ETH
Yesterday’s market low was probed multiple times nearby, but it was quickly bought back, indicating that the buy-side demand below is still holding up. I don’t know how many brothers caught the move yesterday—if the key support isn’t broken, then the pullbacks in the early session/European session are opportunities provided to the bulls for entry. Don’t chase longs; wait for the pullback long setup.
Although the larger cycle hasn’t reversed, the hourly/4H chart has formed a higher low, and the middle band of the Bollinger Bands has turned upward. In the short term, this is a technical rebound and repair within a downtrend. There’s resistance overhead at 63,500–64,000, but in the 62,000–61,700 area, there’s a “giant whale” bottom-bidding and holding/absorbing. As long as price hasn’t broken down on a confirmed basis, you can consider short-term long trades to bet on the rebound extending.
Trading plan:
Big Pie: Go long around 625–628, add around 615. Stop loss at 610 (rejection). Targets: 645 and 650.
Concubine: Long around 1720–1730, add a small position around 1700. Targets: 1780 and 1800. If it breaks through, continue looking higher toward 1850.
#美国初请失业金降至21.5万 #SK海力士ADR定价149美元 $NVDAB $BTC $ETH
