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Analysis of thoughts on the morning of November 11th
From the one-hour chart, although the current trend shows a gentle upward pattern of "two ups and one down," the Bollinger Bands have not simultaneously expanded upwards. At the same time, after the price reached resistance around 107500, there are signs of a pullback. Therefore, the morning strategy still recommends focusing on positioning short positions at high levels.
It is recommended to short when the price rebounds to around 106800-107300, with a target of looking down at 105500-104800. If it breaks down, continue to look at 104000.
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