Today I will share with you a trading skill. How to judge the strength of the market?

Figure 1 is the trend of Merlin at the 1-hour level. After coming up from the bottom, the retracement did not fall below the previous low point, which means that the longs are supported by someone.

Figure 2 is the trend of Merlin at the 15-minute level. In the small level, the horizontal trend replaces the decline, and a strong consolidation trend appears. This is the rapid rise in the front, and there is no fall in the back. This represents the strength of the small cycle. Combined with the need for macd to go up to the 0 axis, there is a high probability that there will still be a rise.

Merlin fell a lot this time, but I am more optimistic about the future. #内容挖矿 #merlinstart