Last night, it was mentioned that the market might experience a downward correction, and the market trend has indeed followed that pattern—main index gradually testing lower levels, rebounding after reaching support around 94,200. Currently in the weekend phase, the overall market is not expected to be very active.
In the next two days, the key point to observe is whether the 93,800 level will be broken. If it can hold, the bullish trend still has the potential to continue. Although the daily chart trend has not fully ended, the short-term (1-hour and 4-hour levels) is still in a retracement phase, so it is recommended to continue monitoring the strength of the support below.
Overall, the intraday strategy remains focused on oscillations or retracements to find low-buying opportunities!
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Last night, it was mentioned that the market might experience a downward correction, and the market trend has indeed followed that pattern—main index gradually testing lower levels, rebounding after reaching support around 94,200. Currently in the weekend phase, the overall market is not expected to be very active.
In the next two days, the key point to observe is whether the 93,800 level will be broken. If it can hold, the bullish trend still has the potential to continue. Although the daily chart trend has not fully ended, the short-term (1-hour and 4-hour levels) is still in a retracement phase, so it is recommended to continue monitoring the strength of the support below.
Overall, the intraday strategy remains focused on oscillations or retracements to find low-buying opportunities!