During the trading process, everyone wants to buy at as low a position as possible. So how can this be achieved? Here are a few techniques for bottom-fishing based on daily candlestick patterns that you can refer to!
1. The daily candlestick forms a double bottom pattern, and the right side of the bottom has started to increase in volume. Once it breaks through the neckline, you can buy boldly.
2. The daily candlestick forms a triple bottom pattern, and the right side of the bottom has started to increase in volume. Once it breaks through the neckline, you can buy boldly.
3. The daily candlestick forms a head and shoulders bottom pattern, and the right shoulder has started to increase in volume and has broken through the neckline. You can buy boldly.
4. The daily candlestick forms a small bearish and bullish pattern, and the right side of the bottom has started to gently increase in volume. Once it breaks through the top of the range, you can buy boldly.
5. The daily candlestick forms a rounded bottom pattern, and it has recently started to gently increase in volume. You can buy boldly.
6. After a rapid decline and then a sudden continuous increase in volume that breaks through the previous bearish candlestick, you can buy boldly on the pullback.
7. When the technical system's daily KDJ indicator and the 4-hour KDJ indicator are both below 20, with all low points showing a golden cross and resonating upwards, it is a rare buying opportunity.
8. After a large bullish candlestick with increased volume breaks through the lifeline (the lifeline is turning upwards), it indicates that the market will rise significantly, and you can buy decisively.
No matter when or what the market conditions are, it's all normal. The only thing we can do is adjust our mindset, respond calmly, and do what we need to do!