The lower edge of the 4-hour level oscillation channel has gained support, followed by a rebound with volume that gradually decreases. It seems the judgment is correct, and the market has officially entered a range oscillation!
In the short term, it seems there is hope to first create an ascending wedge to test the midline of the 4-hour channel, followed by completing a structural pullback and then testing the high point of the range.
In short, I feel there is not much to do in this market. If I have to do something, I might consider making a contract to short the grid...
