From the daily level, the structure is still in a downward trend and has not reversed. 0.4976 is the high point of the entire downward structure. After breaking through the neckline, the price hits a new high here to truly get out of the entire downward trend.
From the perspective of form, this daily level is composed of an ascending straight triangle, which is also a good basis for bullishness.
Coming to the onlooker level, in fact, I missed an excellent layout on the morning of the 26th, a textbook-level breakthrough and stepping back 0.3832 After the support, it stepped back to confirm the validity and then rose. The K-line also showed bullish engulfing.
Now we can only follow this trend line to observe whether there is a good entry opportunity. It can be seen that it is in resonance with EMA55. You can open this moving average as a reference.
Or wait for it to break through the upper resistance level and erase the upper high of 0.4976. The step back is also an excellent opportunity to get on the train and layout.
