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Yesterday, the big cake layout of two longs and one short accumulated a total of 3,600 points. In the daily trend, we can clearly see that the market is under the framework of an upward trend. Although there is a price retracement phenomenon at present, this is only a short-term correction behavior, and the core structure of the overall trend has not changed substantially. From the perspective of technical analysis, this retracement is not a signal of trend reversal, but more like a healthy market adjustment. Its role is to accumulate energy for subsequent rises, and to create more favorable conditions for prices to further break through highs by digesting the profit-taking and market pressure brought by the previous gains.
In the face of such market fluctuations, it is necessary to remain calm and rational, and never change your investment direction easily due to short-term retracements. The power of the trend is strong, especially when the bullish trend is established. Historical data and market experience have shown that following the trend can often obtain more substantial returns. As the price of the currency continues to rise in the overall upward process, the strength and continuity of each retracement are relatively limited, which is precisely a strong proof of the strength of the bullish trend.
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