There are 5 laws for currency speculation in the currency circle, and investors must master them!
First, rising fast and falling slowly means absorbing chips, and the dealer is accumulating chips and preparing for the next round of rise.
Second, falling fast and rising slowly means shipping, which means that the dealer is gradually selling and the market is about to enter a downward cycle.
Third, don’t sell at the top, and run quickly if there is no volume at the top. The transaction volume may continue to rise, but if the transaction volume shrinks, it is a wise choice to leave.
Fourth, don’t buy at the bottom, but you can buy if the volume continues to increase. The bottom volume may be a relay of decline, which needs to be observed; continuous volume indicates that funds are constantly entering, and you can consider buying.
Fifth, currency speculation is speculation on emotions, and consensus is trading volume. Market sentiment determines currency price fluctuations, and trading volume reflects market consensus and investor behavior.
In addition to technical analysis, investing in the currency circle requires understanding of these laws to better grasp market trends. Remember these 5 laws, take fewer detours, and make more profits!
