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K3 break up with low volume, it is most likely a fake up behavior. If we had short it earlier(at 27500+), we should not stop loss at this candle We can hold for a while. The volume of K3 and the candle of long body is not compatible. It is most likely a trap for buyers. I am preparing to short it here(28000-28500), and stop loss set at 29200. If K4 or the...

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After K2 break up and established a support line, K3 and K4 test the line for two times. The volume of the retrace test is relatively low, it seems to be a successful test, and the price will continue to go up. However the background is still bear market, and the volume of K2 is less than k1, K2 is most likely a fake up behavior. The support line maybe not...

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From K1 to K3, it is a short term downtrend. K3 just break down. It seems that the downtrend had not ended yet. K3 close to the 0.5fib line of the nearest uptrend. The nearest uptrend most likely had been terminated. If we short it here(26200-26600),stop loss set at 26900. Or We can wait for more evidence to find another good place to short it.

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K3 break up and closed upon K1, it seems that the uptrend will accelerate here. K3 is also the first successful test (relatively low volume) of the nearest support. But, K4 denied these expectations immediately. K3 and K4 touched the nearest downtrend line. K4 showed that the supply pressure sharply dropped to the lowest level. We can prepare to buy here...

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K2 failed to break up or break down to start an upward or continue the downward. Bear force and bull force are temporarily in balance status here. It increase the posibility of price shaking. K2 is a red hammer, it is a sign weakness, price down to test the lower limit of the box is relatively higher. The energy of dark-cloud cover pattern K1 seems havn't...

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This week's candle failed to close below the neckline. At present, there are three candles failed to break down. K1 to K3 is three soldiers stalled pattern, which means a temporary stop of the price. K4 is an inverted hammer pattern, which means the price tends to go up. And the volume of K4 hadn't increased. So, the supposed downtrend is most likely couldn't...

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After a hammer candle K4, there are two small candles K5 and K6 with lowest volume, Which verified a fact that the supply or demand pressure temporarily dried out here. The following candle is more likely to price down to test the support of neckline, After the test, there will be more evidence to evaluate the support is strong or weak.

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K4 return into the nearest resistance line. It seems that the uptrend had recovered. The resistance is at 0.5-0.618Fib area of the nearest downtrend. This area is also a good place to short it. In the coming days, if the upward momentum could continue and pull the candle upon K2, the uptrend will recover. I will try to buy in. Otherwise, I will try to short it.

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After a hammer candle of K3, price correction here is still weak. The price with an increased volume but failed to close upon 26800, it seems to be limited in a chaos flag box. There is not enough evidence to buy in. Nearest resistance is at about 0.382Fib line. Today's candle showed that the support and demand is temporary in balance. This will ease the...

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This week's candle is most likely a bearish belt-hold line, which means a reverse of nearest uptrend. Usually, if the uptrend want to go on, the price retracement should not closed below 0.5-0.618Fib area. If the price of coming weeks stay below 0.5fib area, that will verify the reverse of uptrend. I will try to short it. If the price of coming weeks stay upon...

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Price here continual drop and stay close to the nearest support. In this situation, the support will most likely broken in the coming week. Nearest resistance is at about 27000(0.382fib area) In the coming days(3-4 candles), if the price couldn't return back into the downtrend tunnel, The downtrend will most likely resume, if the price reaction is weak as...

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A sharp drop of price hits the support (neckline of a potential double top pattern) with heavy supply. But failed to close below the support. It is safe at present. But may be break down in the coming days of this week. If we want to buy here, we need more evidence. If the reaction is strong to closed upon 27730 in the coming days, i will try to buy...

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It seems that a contracting triangle had been break down. But the break is weak with low volume and short body. We need at least three candles stay below the ice line to verify it is a real break out. In this weak break out situation, the remaining demand will most likely pull back the price to retest the ice line. it will be a good chance to short it...

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The present candles is a dead corner of nearest support and resistance. A sharp price move is on the way in the coming days. If we want do bet, this is a good position to join and buy or sell. I tend to a short it here. After weeks price down, the upthrust could only touch 0.5Fib line of the downtrend. It is a sign of weakness. Besides, most candles stay below...

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The new born downtrend just established an ice line, it is the recent powerful resistance. There are two candles tried to return back, but the fist one had failed, and the present candle is the second one. If it can't return back in the ice line, there will be three candles closed below the ice line. The original uptrend will lost control, the background will...

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A potential double bottom is on the way, The uptrend try to resume. At present, the demand is stronger than the supply. If the strength of demand could keep and don't vanish immediately, the uptrend will most likely resume.

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Last day's candle showed that it failed to breakup. The price here is still in disordered state. we'd better wait for more evidence to join in the market.

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A pregnancy reverse pattern established a temporary support, and stop the downtrend. But the rebound is week at present. The supply is still in charge.