📊 Candlestick chart in trading, understand these tips, easily predict market trends! 🔮
In spot and futures trading, the candlestick chart is one of our most important tools! Learning to read candlestick trends, grasp the market pulse, can keep you invincible in a volatile market. 💡
Here are the most effective trading tips I have summarized, don't forget to note them down! 👀
🔼 Sudden rise, slow fall = Selling
When the market rises rapidly and the momentum slows down, it often means the main force is selling, preparing to harvest. 📉 At this time, it is not advisable to blindly chase the rise, but rather to remain vigilant!
🔽 Sudden fall, slow rise = Washout
When the market experiences a sharp decline and the trend gradually recovers, it is usually institutions washing out positions, aiming to shake off floating chips in preparation for the next wave of rise. 💪
🔼 Large volume but no rise = Top formation
If the trading volume increases significantly but the price struggles to rise, this is usually a top signal, and the market may soon reverse. 👎 Don't be deceived by the surface rise!
🔽 Shrinking volume but no fall = Bottom formation
Conversely, if the market's trading volume continues to shrink but the price does not fall, this may be a signal of bottom formation, with potential stocks being buried at this time. 📈
🔼 Large volume rise = Must retrace
When the market rises with large volume, although this is a short-term rising signal, it often means that the rise is too fast, and there will inevitably be a retracement in the short term. 📉 Don't be greedy, take profits in time!
🔽 Large volume fall = Must rebound
When there is a large volume fall, market sentiment is panic-stricken, but after a significant decline, it often welcomes rebound opportunities, don’t panic sell at the lowest point! 💥
Remembering these tips can help you more accurately judge market trends, avoid risks, and seize opportunities!
🚀 Hit follow, if you have any unclear areas, or want to communicate and learn together, feel free to chat anytime! 💬
