Daily level:
The daily level has risen for 7 consecutive days.
A callback-type negative line appeared for the first time
From 67500 to 90000
A total increase of 22,500 points
And it was finished in one breath
After hitting a record high of 90,000
The first resistance was seen at the daily level
Market sentiment gradually shifted from strong bullish sentiment to gradual bearish sentiment
Four-hour level:
There was a benign pullback at the 4-hour level
A benign adjustment is formed in the range of 90000 to 85150
The previous positive line reached a new high from 85700 to 90000.
Failed breakout and fell again
There is a high probability that a 4-hour box adjustment will be formed here.
After forming 4-hour level pressure and support, choose the direction again
One hour level:
The one-hour level has formed a standard double top
The current neckline position is around 85200
If the price tests around 85200 again in the future
First of all, pay attention to the breakthrough of the neckline position
If the breakthrough fails, continue to adjust
After the breakthrough is successful, a trend reversal will occur.
Moving out of the early stages of a falling market
If it successfully breaks through, then the first equidistant decline target will be from 85200 to 80500.
