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How to predict daily rise or fall by closing line
The accuracy rate is as high as 98%, welcome to verify
In the first and fourth hours, the closing line closed in the red, and a long upper shadow line appeared, indicating that the pressure above the closing line was heavy and it was easy to fall the next day. It is recommended to reduce positions.
Second, the 4-hour line closed in green, and a long upper shadow line appeared, indicating that the currency price bottomed out and rebounded and found effective support. The daily line may be pulled, hold or follow up.
Third, in an upward trend, closing the line and releasing a huge amount is a sign of the main force fleeing, so try not to participate; in a downward trend, closing the line and releasing a huge amount is a crisis selling, so leave the market as soon as possible.
Fourth, if there is a slight increase in the closing line during a downward trend, or there is a slight decline in the closing line during an upward trend, this is a market correction and has little practical significance.
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