Zhang Junyao: 5.16 clear analysis and operational suggestions
Last night, the U.S. CPI data was unexpectedly released in advance, and the price of flatbread rose rapidly. Now it is approaching the 66,000 mark, showing a strong upward trend.
The price of the pie has broken through the neckline of the head and shoulders bottom pattern, and there is room for improvement, but you still have to wait for the right time to enter the market. If it can fall back to the neckline, we will be able to join at a lower cost.
At present, we can focus on the neckline near 64k, but the trend of this line is too significant, and it is still uncertain whether it will reach this position. Moreover, once it is touched, there may be a situation where the market is washed down. I think this is very likely.
Therefore, we need to pay attention to another point, which is around 63k. Here, before the small-scale market rise, the price has tried to move upward twice, which may form an exchange of support and resistance. At the same time, the Fibonacci retracement line pulled from the force point is also close to 0.618, so this retracement position is more likely. Therefore, when going long, we must pay special attention to this point.
The short-term trend direction is disclosed on the entire network every day. If you can't drive well or run short-term well, friends who need help~ Welcome to ddjunyaoZ99901235↑🚗