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Happy Weekend
The wind is blowing, will the trend reverse next week?
Based on the current four-hour chart, after a round of washing out on Friday, the price is still running above the 700 level. According to the current momentum, we can consider it as a normal pullback within the channel, which has not yet destroyed the uptrend. The moving averages maintain a bullish arrangement with no death cross or downward turn.
Operational Suggestion: Pullbacks are Layout Opportunities
Short-term volatility does not change the mid-term uptrend. The current price is in the lower-middle section of the ascending channel, which is a low-risk layout zone. Patiently wait for volume breakout of the small platform, then follow the trend. The bull market main line is clear, and after completing the accumulation phase, it is expected to create new stage highs.
680-690 layout for long-term longs!
Intraday short-term ranges involve long and short games within the zone
I will provide reminders when entering positions. The above ideas are only personal views.
Specific layout situations must be based on actual conditions!