At 8 o'clock this morning, the market closed with a cross line, which is a signal of long-short divergence.
Looking at this wave of rise, the price has risen, but the bullish volume is shrinking, which shows that this position needs to be consolidated to break through.
From the auxiliary indicator MACD, it is close to the zero axis. Once a golden cross is formed near or above the zero axis, it will continue to play its effectiveness factor.
In the early stage of the rise, it is normal that the volume is not large, and the probability of consolidation at this position will be relatively high.
Consolidation is for better accumulation of power. During the bull market, all pressure positions are used to be broken through. From the trend point of view, there is no need to worry too much about this.
For the market trend, it is better to look at the market objectively. Don't fantasize about whether it will rise or fall in the future. Analyze rationally and draw conclusions with reason and evidence, and execute the formulated trading strategy according to the conclusion.
Whether we enter the currency circle for investment or trading, what kind of results we can get in the end depends on our initial intentions.
That is, what kind of cause will bring what kind of results.
Why do many people lose money in the currency circle? That basically starts with the deviation from the beginning. If the beginning is wrong, it would be strange if the result is good!
Only if we find the problem from the source and solve it, can we continue to grow and break through the boundaries of our own ability, so that the future trading road will become smoother and better.
Investing is a process of enjoyment, not torture. If we trade in the currency circle and feel tortured or even painful all the time, it goes against the original intention of entering the currency circle, right?
It is difficult for us to find our own problems, and it will be even more difficult to solve them after discovering them. But in the financial market, we must overcome these, otherwise why should we make money and others lose money?
