Combining the previous trends and the current Candlestick structure, the trader is most likely preparing for a fall at this position, but does not rule out the possibility of a bull trap followed by a drop. Below is a detailed breakdown:
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🧠 1. Large Cycle Structure Judgment (Daily)
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✅ Recent overall pattern:
• From the chart, after the pullback from the high of 111,980, a range-bound structure has formed, with the top around 107,500 and the bottom around 101,
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