Good afternoon everyone, today is Monday, and it is time for the weekly market analysis.

Before the analysis, there is one thing that needs to be explained in advance. The market is relatively slow now, and the 4-hour trend is also a very slow trend. Therefore, whether it is analysis or future trends and entry, it may take a long time to come out. I hope everyone can understand this.

Without further ado: Let’s look at the trend from a larger perspective

At present, the price is fluctuating in this white box, and it has not yet reached the top of the range.

From the perspective of price behavior, it will either break through this box or continue to oscillate within this box.

The daily moving average is still in a bearish arrangement.

From a big cycle perspective, we don’t see much bullish power.

The 4-hour white line in the trading cycle is a 4-hour rising structure. It has not been broken yet.

Moving average is in a bullish arrangement

Summarize:

There is still no obvious bullish trend on the daily chart, so you need to be cautious when going long as it is against the trend.

The 4-hour chart is now in a bullish trend, and the moving average is also in a bullish arrangement.

But the kinetic energy is not strong

If you want to go long, you also need to wait and pay attention to the status of the two white lines before deciding whether to go long.

Going long means following the 4-hour trend, but going against the trend of the chart, so be cautious.

Short selling requires waiting and looking at the subsequent price trend before deciding where to short sell.

Note: I am referring to the 4-hour cycle contract. The 1-hour and 15-minute orders or intraday contracts have nothing to do with the current analysis, so be clear about your positioning.

In addition, analysis and trading are two different things. If the future market conditions negate the current analysis, a new plan should be established and a new decision should be made. The above does not constitute investment advice, and you are responsible for your own profits and losses in the market.