Enze: Golden Minute Chart Constructs W Bottom Formation, Target Points to 5120–5130

This morning during the early session, I provided a buy zone of 5020-5030, but 5050 successfully held steady, resulting in missing the first entry opportunity. However, in the subsequent real-time market, I provided entry zones again and captured nearly 60 points of space from "5070-5125".

Looking at the current market, the minute chart is currently constructing a W-shaped bottom. If successfully formed, it is expected to rise to near the neckline of the W formation, approximately 5120-5130. This can be viewed as the recent take-profit level.

Trading Suggestions:

Buy near 5060-5070, targeting 5120-5130 above. If it breaks through, look toward 5150. If that breaks through, continue holding.

Reminder:

The above analysis is Enze's personal analysis and does not constitute any investment advice. The market is ever-changing, and everything is subject to Enze's actual live trading!