The pullback is basically complete and awaiting non-farm payroll divergence. Brothers, yesterday the low end of the old A budget at 98,000/3050 was basically hit, which is also the low point of the pattern, and it has rebounded from the low point.



The daily chart currently closed above the support at 90,500, with a continued rebound on the 4-hour chart. Although trading volume has decreased and the KDJ is diverging upward, no turning point has appeared yet. The situation is similar to a stance, with support around 3050.

Tonight, focus on the non-farm payroll data at 9:30. This is the explosive point on Friday. Every Friday’s market tends to be a bit more complex, so this needs close attention. Follow the intra-day continuation range strategy:
- Short at around 92,000, add near 92,800, look for 98,800, with support above 93,000.
- Short around 3,150-80, add near 3,200, look for 3,050, with support above 3,230.
- Long-term bullish idea: Do not break below 985,000/3060, then go long!
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)