On the 4-hour chart, the price broke above the Bollinger middle band and surged to 3. Although there was a slight pullback, the Bollinger upper band still shows an upward opening trend, with the middle band forming strong support. The validity of the previous lower band support has also been verified, and the overall bullish channel remains intact. The MACD indicator's DIF and DEA continue to rise, with increasing red bars, indicating that bullish momentum has not yet shown signs of exhaustion.
Consort Queen Trading Suggestion: Pull back to around 3300-3250, then look for an upward move to 3380-3450
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January 15 Consort Queen Market Outlook
On the 4-hour chart, the price broke above the Bollinger middle band and surged to 3. Although there was a slight pullback, the Bollinger upper band still shows an upward opening trend, with the middle band forming strong support. The validity of the previous lower band support has also been verified, and the overall bullish channel remains intact. The MACD indicator's DIF and DEA continue to rise, with increasing red bars, indicating that bullish momentum has not yet shown signs of exhaustion.
Consort Queen Trading Suggestion: Pull back to around 3300-3250, then look for an upward move to 3380-3450