Today, there are 10 consecutive positive lines at the 1-hour level, including the daily four-hour line, which shows signs of recovery. Is 910 the bottom of this decline? How should bottom-picking players operate? Today, we will focus on the impact of the release of non-agricultural data at 21:30.
After hitting 910 in the early morning yesterday, the price has been rising slowly in small steps. It can be clearly seen from 15 minutes that the current price has recovered. Although it has not given a substantial signal to stop falling, there are still 10 days before the 20th. Unless the market is no longer optimistic about the good news of Trump's inauguration, it will be difficult to continue to break through the bottom. We have said before that rising too fast is not conducive to a breakthrough, and the whole swing upward is more conducive to rising. The current trend is actually quite good, so don't consider doing it today for the time being. It is more stable to wait for the opportunity to do it.
Bottom-picking players can wait for another opportunity and look at the trend at night. In fact, it is difficult to buy at the lowest level and sell at the highest level every time you buy at the bottom, so it is recommended to buy and sell in batches each time.
How to confirm that 910 is the lowest point of this decline? First, it broke through 925 in the early stage and rebounded to a high point near 946. Second, it closed above 953 at least once in the four hours. Then 910 can be confirmed as the lowest point in the short term.
In addition, don't rely too much on the data released on the news. Will good news definitely lead to an increase, and bad news will definitely lead to a decrease? What you need to know is how to grasp the market fluctuations it brings, instead of arguing blindly about whether it will rise or fall. There will never be a market that only rises but not falls, or only falls but not rises.
In my personal opinion, I will share my layout points with the actual market for your reference when there is a good position later. If you like it, please follow and like it.