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How to predict the rise and fall of the daily line by closing
The accuracy rate is as high as 98%, welcome to verify
First, the 4-hour closing line is red, and a long upper shadow line appears, indicating that the pressure above the closing line is heavy, and it is easy to fall the next day. It is recommended to reduce the position.
Second, the 4-hour closing line is green, and a long upper shadow line appears, indicating that the currency price has bottomed out and rebounded to obtain effective support. The daily line may be pulled, hold or follow up.
Third, in an upward trend, the closing line releases a huge amount, which is the main force fleeing, try not to participate; in a downward trend, the closing line releases a huge amount, which is a crisis sell-off, and leave as soon as possible.
Fourth, in a downward trend, the closing line rises slightly, or in an upward trend, the closing line falls slightly, which are all corrections, and have little practical significance.
Don't know the current trend, is it rising or falling?
Don't know the support and pressure? I don't know what level of buying and selling points are running at the moment.
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