XAI
How to judge the trend of the new K-line price based on the closing market
First, the price of the currency fluctuates sideways throughout the day, and starts to rise near the closing, indicating that the main force has started to build a position after a day of observation, and the new K-line must rise.
Second, the price of the currency suddenly drops sharply near the closing K-line, and the closing K-line makes a long upper shadow line pattern, indicating that the main force is shaking the warehouse, and there will be continuous rises in just a few trading days.
Third, the closing K-line breaks through the daily consolidation box and there is a burst of volume released in the market, indicating that the main force has completed the position building, and the market outlook will rise sharply.
Fourth, the price of the currency fluctuates downward throughout the day, and the closing K-line turns red after stepping back on the trend line, and finally leaves a long lower shadow line. If the new K-line of this type of variety opens, it is more likely to pull the main rising wave.
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