AXL
10-year summary of the famous hot money
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 appears, indicating that the currency price has bottomed out and rebounded, indicating that the bottoming out and rebound of the currency price have obtained effective support, and the new K-line may open up, hold or follow up.
Third, in the 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, the closing line appears to be slightly pulled up in the downward trend or the closing line appears to be slightly down in the upward trend. These are all corrections at the end of the market, and the actual meaning is not great.
Long and short tips: entry position and stop loss position!
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