This article aims to explore the K-Line Clist plans and how early warning signals become market performance.
For more information, you can also read:Basic patterns of planning、Continuous status instructions、The role of trianglesTrading the Cup dealing with articles. We also released Introduction to the K-Line chartDrawing K-Line Bullish andK-line neutral scheme。
bearish
Suspension
The suspended line is a declining K-LINE style consisting in an ascending direction, which indicates that the market may be weak because it indicates that the market is about to reflect, especially if the subsequent price behavior is confirmed.
What are the indicators of the suspended line mode?
- Just search for small red K lines.
- Check that the length of the K-Line line is different: the lower shade is longer, while the upper shade is very small or not.
How do you explain the position of the suspended line?
Small entities on the K-LINE line reflect a limited trading range between open and closure prices, indicating that there is almost no change in prices between opening and closing prices throughout the trading period. The longest minimum shade indicates that the seller has paid the price significantly during the trading session, and it may experience or approach the main support level, while there is no significant upper shadow indicates that the buyer tries to raise the price but has failed to maintain control, which leads to a declining reflection.
What is the direction of laying the suspended line?
time frame
Long -term graph (such as daily or weekly) may be more important than the suspended line on the short -term graph (like today).
Shooting
The K-LINE LINE chart style appears in an ascending direction, indicating a possible reflection, characterized by a small bottom entity and long upper shade line, indicating the presence of the sale and market pressure.
How do you explain the status of the archery?
This style was named because it looks like a star with an upward tail.
In the position of the archery, the entity at the bottom of the K line is smaller, followed by a long upper shade that extends over the entity. The entity reflects the price range between opening and closing prices in a specific trading period, while the upper shade represents the highest price reached in that period.
The long upper shade of the archery star indicates that the buyer tried to raise the price during the trading period, but he failed at the end and the seller was able to withdraw the price. This rejection of the high prices is a declining sign that the momentum ascending has weakened and a potential opposite.
What is the direction of placing the archery?
The K-LINE LINE graph pattern usually moves from top to bottom on the price chart. In other words, the star of the archery is a possible reflection from the bullish trend to the declining direction.
Trading volume analysis
The increase in trading volume can be used on the shooting day as a verification. With the increase in the volume of the transaction, it indicates that the reflection is supported by more people. The decrease in size may indicate a lack of interest in the model, which will reduce its reliability.
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