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Let's talk about $IP yesterday I did a small job - from a small child to a big one
After bottoming out in June, it came out of a typical bottom consolidation structure, 6/19 and 7/11 two bursts confirmed the bottom reversal, 7/25 the third burst test TP1, the daily channel has been running so far, 7/25 strategic reserve news with MM market makers to elongate the yang, a typical positive + pull combination
The impact of channel structure on the bookmaker: the long-term channel will continue to raise the cost of the bookmaker's position, if there is no larger level of volume can break through, it will eventually fall into a loss, traders are not here to do charity, their interests determine that there will be follow-up actions, now this position is very subtle, either the volume breakthrough to open the space, or... You know.
The pullback after the first two surges is very shallow, indicating that the undertaking is very strong. If the adjustment after the third surge can be stabilized above the 8/11 high, it will be a textbook-level strong consolidation, but it should be noted that this structure often has a false breakthrough in the end, waiting for retail investors to chase in and then kill back, remain patient, and wait for the right signal

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