Today’s market analysis—FLOW
After a wave of FLOW rises, the price breaks the previous high to a smaller and smaller extent, but the volume energy is shrinking, forming a volume-price top divergence. In the shock zone, the rebound shrinks, and the fall increases the volume. This is the weakening of the long position and the strengthening of the short position. signal of.
The K-line in the last four hours fell below the long-term rising trend line. The previous callbacks did not fall below the long-term rising trend line, but this time it broke. This indicates that the four-hour rise has come to an end and the upward trend has changed to Oscillatory trend. Judging from the observation of the shock zone, the bullish rebound is very weak, and the bearish decline has begun to increase.
Judging from the market trend, FOLW will continue to pull back in the short-term four-hour period. Although there is a correction, it does not mean that there will be a sharp decline. Therefore, short-term operations need to be cautious and pay attention to small-level stop signals. Once a stop signal appears, a new round of rising market will start. The four-hour market changes very quickly, so you should close when the short-term gains are good. Don't let yourself be trapped out of greed. The short-term emphasis is on capital utilization, so you must be willing to stop profits and dare to stop losses, otherwise the meaning of short-term trading will be lost.
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