@cpthunter

Since this large wedge pattern has run to its end, the probability of the price swinging back and forth in the short term has greatly increased. Therefore, I will keep my hands off until a definitive signal appears. In summary, the current position is somewhat awkward for both long and short positions. Rising wedges typically retrace after a breakdown, and I would rather choose to test a short position on the high side during a price retracement than chase a short on the low side, which is closer to the demand below. As for going long, I would wait until the price breaks above 66,800 before entering. The take-profit level at 68,500 seems a bit small, making it less cost-effective.

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