4.7 Old Money Morning Analysis

The early bird catches the worm. Last Friday, the short positions taken didn’t make too much,
and it still secured nearly 1,000 points of profit.
Over the weekend these two days, the market also pushed up and stood above the 70,000 integer level,
so is it just a fleeting moment or will it continue higher? But now, it’s back around
around 68,500.
On the 4-hour level, it can barely be considered a triangle pattern, though it’s not very obvious.
On the hourly level, it’s still range-bound, so if a pullback is valid, you can look for a long with a small position.

Trading suggestion: Buy northbound 👆 around the current price 68,500, set stop loss at 67,800.
Target: 70,400