Well-known hot money enlightenment summary of 10 years
The closing line predicts whether the new K line is rising or falling
First, the closing line is red and the long upper shadow line appears, indicating that the pressure above the closing line is heavy, and the new K line is likely to open low and go low.
Second, the closing line is green and the long lower shadow line bottoms out and rebounds, indicating that the currency price bottoms out and rebounds to obtain effective support, and the new K line may open up, hold or follow up.
Third, in an upward trend, the closing line releases a huge amount, which is a fresh force to escape, try not to participate in the downward trend, the closing line releases a huge amount, which is a crisis sell-off, and leave the market as soon as possible.
Fourth, in a downward trend, the closing line rises slightly or in an upward trend, the closing line falls slightly. These are all corrections at the end of the market, and the actual meaning is not great.
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