Analysis in the afternoon of October 19:

From yesterday's 4-hour K-line chart of the big cake, the price of the currency has experienced a period of twists and turns. After multiple attempts and falling below the lower track of the Bollinger Band, the price of the currency finally found solid support below, and took this opportunity to launch a strong rebound. This rebound momentum is strong, pushing the price of the currency from the lower track of the Bollinger Band all the way up to near the upper track of the Bollinger Band, and the overall trend shows an obvious bullish signal.

At the same time, the two lines of the MACD indicator also began to reverse upward after hitting the bottom, and the short-selling momentum gradually dissipated, replaced by the rise of long forces. This change further confirmed the market's bullish trend.

In addition, the three lines of KDJ also showed positive signals, and the three lines crossed upward to form a golden cross, adding more bullish momentum to the market. Therefore, in the early trading session, investors can focus on the long opportunities after the retracement and seize this wave of rising market. In general, the current market has a clear bullish trend!

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