Since the last time fell from Head and Shoulders Top 12,000 About two months passed. It can be seen that the triangle convergence in 4 hours is close to the end, it means there is a high probability that a new direction will appear soon.
It is recommended to wait for the direction selection and operate the direction of the breakthrough empty-handed. If there is an order on hand, remember to strictly stop the loss.
According to the current situation, there will be at least 500 points of fluctuation after choosing the direction. Therefore, I added FIBO in two directions in the figure to provide reference.
The first target is also at 1.272-1.414 The second target is 1.618.
# This analysis is a personal forecast and does not have any investment advice, please refer to it carefully.