100 short-term strategies (9th strategy)
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"Zigzag" moving average pattern
[Technical pattern]
During the upward movement of the moving average, as the price of the currency fluctuates, it moves out of the "Zigzag" shape. When the moving average moves upward again, it is the best short-term buying point.
[Technical meaning]
During the rising process of the currency price, the main force will shake and clean up the floating chips. As the price of the currency fluctuates and falls back and moves upward again, the moving average also presents this movement route and moves out of the "Zigzag" shape. This pattern represents a market game process of short-term shock adjustment and regaining the upward trend on the long side of the market.
[Application skills]
The best buying point appears when the moving average turns upward again. You can use the intraday low point or the shrinking negative line after the large positive line to buy.
The zigzag pattern often appears at the same time as the aerial refueling pattern of the moving average in the "air refueling aircraft", but the zigzag pattern allows the short-term moving average to effectively break the large-cycle moving average below. It emphasizes whether the moving average pattern is complete and does not require whether an effective death cross is formed between the two moving averages.
During the operation, special attention should be paid to the relative spatial position of the zigzag pattern. Only the zigzag pattern that appears at the beginning and during the rise is worthy of short-term or swing intervention. The zigzag pattern that appears at the end of the rise has the market meaning of inducing more selling.
Note
The zigzag pattern here is applicable to all period moving average patterns and operation levels.
(1) The time and buying point level of the moving average to complete the zigzag pattern are related to its cycle selection.
(2) The time for the moving average with a long cycle to complete the zigzag pattern is longer than that of the moving average with a short cycle.
(3) The operation level of the moving average with a long cycle is greater than that of the moving average with a short cycle.
(4) The short-term moving average is suitable for short-term operations, and the medium- and long-term moving average is suitable for medium- and long-term operations.