The reference period is 4H. At present, it mainly depends on whether the price can break through the red area within these 1-2 K-bars, that is, break through the falling box.
When the wave of rise yesterday, the indicator did not enter the overbought stage, so I do not recommend shorting. But there was a sharp drop in the evening, which made the indicator adjusted and re-entered the overbought stage, and the price was also at the upper boundary of the falling box, which became a short point.
If the price breaks through the falling box, the short position needs to stop loss in time. The price may rebound to the 3250 area, and other cottages will also break through the short-term falling structure with this wave of rebound.
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