《Methods for judging the end of the market decline》
If you want the four-hour decline to end, you must first have a thirty-minute rebound, and then look at the subsequent decline until a 30-minute center is formed. The thirty-minute center is a horizontal oscillation of at least three thirty-minute line segments. As long as the line segments can be drawn, this can be seen with the naked eye.
The judgment method here is actually a general solution for market judgment. The content of this general solution is that if you want to judge the end of the decline of a certain level A, you should look at its internal structure level B chart, which is divided into two specific situations
I draw a picture here, using thirty minutes for level A and five minutes for level B. I hope you can understand it.
Situation 1. If there is no center formation at level B, theoretically it can continue to fall until a strong rebound appears, driving the five moving averages of level A to cross the thirty-four moving averages upward. This is also called a passive selling point of empty, and then it can be seen that the decline of level A has ended. The specific intervention is where the golden cross is formed.
Situation 2. If a center appears at level B during the decline, it can be judged that the market decline may end before the passive selling point appears. This center needs to meet this condition: [oversold or broken through], in the case of oversold, when the center is formed, the area of the center is far away from the MA170 moving average, and the MA170 is in a steep slope state; in the case of broken through, if it is very close to MA170, then the MA170 needs to be flat.
The structure of the center that meets this condition can be used as the basis for you to judge that the decline may end. This will appear before the moving average golden cross, and the specific intervention is in the process of the center construction, and the intervention is when the rising section golden crosses.
The above two situations 1 are considered right-side interventions, and situation 2 is considered left-side interventions. The right side will definitely give, and the left side must have a very strict stop loss, and it depends on whether the market gives you a chance. No matter what the situation is, after the falling market breaks out of the golden cross, the passive exit point for long positions is the passive selling point, which is the death cross of the five moving averages of level A and the thirty-four moving averages. #Mt.Gox将启动偿还计划 #美联储何时降息? #ASI代币合并计划 #美国首次申领失业救济人数超出预期 #美国6月非农数据高于预期