Basic K-line pattern analysis
Basic cashback forex name pattern meaning Large (full) positive opening price and the same as the lowest price, closing price and the same as the highest price rebateforexre Forex Rapid Rebate no ForexRapidRebate rebateforexfee rebateforexbroker indicates that the market is dominated by the absolute power of the parties, the rise is strong, the momentum is like a rainbow Large Yang lower shadow line Closing price and the same as the highest price, a small section of the lower shadow line The exchange rate is pulled back after a slight dip, indicating that the strength of the parties dominate, the lower buy strong The longer the length of the lower shadow line, the stronger the power of the parties. The longer the length of the lower shadow line, the stronger the strength of the multiple The opening price of the upper shadow line is the same as the lowest price, the small upper shadow line The exchange rate is trying to hit the next high, but the selling pressure is heavy, the exchange rate falls back This pattern indicates that the multiple prevails, but the selling pressure at the upper price level is very large, there is a reversal of the implication, should be alert The longer the upper shadow line, the greater the selling pressure, the reversal of the implication is greater The smaller the upper and lower shadows are basically the same length This pattern indicates that the long and short sides are fighting fiercely, but the lower buy side is strong The long side still occupies a certain advantage, but the power of the short side should not be underestimated The upper shadow (top: shooting star or shooting star pattern) (bottom: inverted hammer line pattern) The upper shadow is very long, at least two to three times the length of the positive line entity This pattern indicates that the multiple side is still in the advantage, but already at the end of the strong, is a strong reversal pattern This pattern appears in the recent top of the exchange rate, the reversal is stronger The lower shadow (top: upper hanging (bottom: hammer line pattern) The lower shadow is very long, at least two to three times the physical length of the positive line. This pattern indicates that multiple parties are in an advantageous position, and there are multiple buyers joining, pushing up the exchange rate. If this pattern appears at the bottom of the recent exchange rate, it is a strong reversal signal and should be noted.