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Event ends: August 9, 16:00 UTC
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Tip: From last night to today, I indeed felt that the risk has intensified when making trades, also because the news has a certain impact. Today, there will be US Non-farm Payrolls (NFP), which will lead funds to avoid risks to some extent. Additionally, the oscillation at such a high position, although it’s a good position for an initial effective entry, still makes it very easy to hit a new low and defend the take profit. Therefore, those who have exited can wait a bit longer for the trend to become clearer before entering again. From a technical perspective, this position area still needs support to make an upward pullback, but in terms of performance strength, it appears relatively weak. If there is time later, around 8 o'clock, I will continue the live stream.