$WIF
WiF market analysis + operation suggestions on the evening of August 20:

K-line pattern:
The recent price rebounded from the low of 1.34 on August 16, forming a series of higher lows and highs.
A long upper shadow line appeared on August 20, indicating that there was obvious selling pressure when approaching 1.62.

Technical indicators:
MACD: MACD fast and slow lines are golden crosses below the 0 axis, showing that the bulls are strengthening in the short term, but it is still necessary to pay attention to the subsequent trend confirmation.
RSI: RSI value 63.001, in the neutral to strong area, has not yet entered the overbought range, and has further room for growth.

Trading volume:
The trading volume on August 20 was 4957758, which was enlarged compared with the previous few days, indicating that the market activity has increased.
The trading volumes on August 19 and August 18 were 72472644 and 60227139 respectively, showing that a large amount of funds entered the market during the price correction.


Suggested entry points for long and short positions:
 
Entry point for long positions: Ambush entry near 1.5-1.45, stop loss near 1.4
Entry point for short positions: Ambush entry near 1.62-1.7, stop loss near 1.75

The above is Qingning’s personal suggestion, you can decide whether to operate or not! !
#美联储何时降息？