Target: MKR
The current trend is upward, moving from 2:30 to 2:00. The 120 EMA group formed a second low of 1214 (including the bottom structure, the previous low of 969)
4H completes a downward turn around 1428 and then again above 1382.
The current trend is intact, but the second spike of the previous 10/24 has not been effectively broken. The biggest obstacle at the moment is also the previous two highs at point C.
The dynamic rehearsal follows the uptrend: point C (which continues to be broken around 1567) continues the uptrend, and the follow-up space opens.
Dynamic rehearsal reversal downtrend: If you cannot break through near 1567 or return to below 1567 for a short time after the breakout, it will be regarded as an invalid breakout. And the price runs downwards below 1294, and the bears confirm.
