Currently in the resistance zone after a double bottom formation, with no overall trend reversal in sight, it is highly likely to maintain a box oscillation pattern. If it can break through 95000 and achieve a trend breakout, then one can seek entry opportunities in the pullback range.
If the bottom can be raised, there exists the possibility of a short-term increase, but one must remain vigilant and respond appropriately to any adjustments that may arise from the resistance zone.
Since the trend reversal has not yet arrived, further declines cannot be ruled out. When bullish positions reach profit targets, it is advisable to take profits in a timely manner to accumulate gains.
December 24 swing trading layout:
Bullish entry suggestion: Enter lightly long at 92600, if it pulls back to the 91000 range, then directly enter long, with a target price of 95000 - 96000.
Bearish entry suggestion: Lightly short in the 95500 - 96000 range, with a target price of 94000 - 92600.
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