Mastering these four signals will allow you to easily buy at the bottom and escape at the top, and no longer blindly follow the trend!
1: First, when the price of the currency falls slightly during the rise but the trading volume remains unchanged, this is a signal of continued rise; if it reaches a new high and the trading volume decreases, you need to be alert to the risk of reaching the top.
2: Secondly, when the price of the currency is sideways at the bottom, don't rush to buy. Wait for it to rebound quickly after a new low and cover the previous decline. This is a good opportunity to buy.
3: Furthermore, if a currency suddenly breaks through the range after sideways at the bottom, then falls back or even breaks through, it may usher in a big increase when it starts again.
4: Finally, sideways after continuous new highs, multiple small increases and then declines, may be a signal of inducing more, so be sure to pay attention to the risk of chasing high. These signals are not absolute, but combined with market conditions, they can provide you with a strong reference.
Master these signals to make your currency circle operations more accurate!