Technical analysis of the trend from the trend pattern to see the trend

  • 2023/2/26 3:13:37
  • read: 6
  • forextradingsessiontimes

Some people feel that technical analysis indicators obscure forex trading session times difficult to understand, there is a fear of them In fact, in addition to technical indicators, we can also observe the trend pattern of the forextradingmarket cashback forex to grasp the timing of entry The foreign exchange market operates continuously 24 hours a day, up and down, never stop its trend is like the Earths day and night transition, week after week Correspondingly, we can be divided into the market trend of the exchange rate bottoming We can observe the exchange rate trend chart, such as the commonly used K-line chart to determine these patterns A, the bottoming forextradingtime of the exchange rate bottoming pattern generally has a triple bottom, head and shoulders bottom, double bottom (W bottom) and semi-circular bottom (pot bottom) and so on the bottom of the horizontal construction of the larger the area, representing the cumulative momentum of the rise, the greater the magnitude of the rise in this stage, should be low buy high sell range operations, such as Conservative can give up the stage of the winning opportunity to move to the next stage Second, the rising stage when the exchange rate broke the neckline of the previous bottom, it indicates the beginning of a round of upward trend, and the height of the rise is generally the vertical height of the previous bottom This stage is like the physical strength of young people, desperately live forward, and run far, jump high, although there is no endurance, but encounter difficulties as long as a short break will be able to start again. Like the main stage of the market rise, the magnitude and speed, although it lasted a short time, but encountered upward pressure, as long as a little back to finishing can immediately launch a new round of upward The initial period of the stage, should be the best time for us to bravely buy the rising stage is also the main source of our profits Three, the head stage is the late stage of the rising market trend attempts to push upward again, but the long exhaustion also Can not break through the previous wave of highs, and finally break down the neckline to complete the head, and enter the down phase at this stage, the pre-medium and long-term buy orders should be out, the short term can try to do fast in and fast out of the range operation Fourth, the down phase and the up phase of the same reasoning, but the opposite direction at this stage of disillusionment, the exchange rate is powerless to support the rapid rate of decline until the momentum disappears into the bottoming phase down phase should be determined to kill, the stop loss The rapid stop loss, or huge losses