Daily line level:
The daily line level closed with a blocking bullish line yesterday.
It was mentioned in yesterday's article that it will form a breakthrough at the daily line level.
Yesterday's daily line high was 93900.
The previous high was 93330.
After the breakthrough, the price forms a pullback, creating a pullback at a small level.
Market sentiment remains bullish.
I personally believe that the daily high of 93390 here will soon form a breakthrough again.
Four-hour level:
In the four-hour level, the first two bearish lines have retracted the pullback bearish line.
It is worth noting that the lower shadow of the first bearish line is equal to its body.
This means that the pullback after the price rises is blocked.
The pullback is relatively weak; I think after the pullback ends, there will be another rise.
One-hour level:
The one-hour level ascending triangle pattern has not yet broken through.
However, the previous high points continue to rise in a bullish arrangement.
The flagpole position of the ascending triangle is around 85200 to 92000.
If the target for the rise after the breakthrough is the first equidistant rise from 85200-92000.
That is, after the breakthrough, the first equidistant rise target from 92000 to around 98800.
And here it completed the equidistant rise of segment AB in the ascending triangle.
A segment price: 87160-91800.
B segment price: 89400-93900.
Personally, I think that after forming support at this small level, the C segment will complete an equidistant rise.
C segment price: 91700-96300.
Current price: around 92500
