Starting from this week, I will spend 2 days a week analyzing the currency in the form of technical analysis.

The essence is to hope that everyone can understand the market and learn technology from the content.

Don’t expect to be able to lead the order. If you can understand the content of the post, you will actually find the code of wealth.

As for whether you can earn this wealth yourself, it depends on yourself.

stop bullshitting

HOOK is in a downward trend from the daily chart

The lows are getting lower and the highs are getting lower, which is a downward trend.

The highs are getting higher and the lows are getting higher, which is an upward trend.

This should not be difficult to understand (it doesn’t matter if you don’t understand, just look at the diagram below)

What if you say that I just don’t understand the trend?

If you have a way, you can open the moving average

It shouldn't be difficult to open the three moving averages, right? Now it is a short position arrangement, isn't it easier than looking at the K-line?

It can also be said that this currency has been going down from the beginning to now.

From the 4-hour perspective, you can look at it this way, taking all the current movements (you can call it a range or anything else)

It is a complex adjustment of the previous downward trend

What is the future price trend?

1. After complex adjustments, the price moves out of leg 1 at a distance equal to that of leg 1.

HOOK 4-hour chart

2. In this green box, horizontally, absorb funds

HOOK 4-hour chart

3. Will it extend into a bullish trend?

have

But not for now

According to the above summary, the price is now in a downward trend at the daily level and the 4-hour level.

It is easy to understand how to place orders in line with the trend, right?

Then you say I just want to do a reversal order

Okay, wait.

The above is the analysis of HOOK

Finally, a few words:

When you want to trade a currency, whether it is a contract or spot

Before you enter the market, carefully analyze the currency from top to bottom.

No need for any fancy terms etc...

1. You just need to know what the current trend is

2. Are you going to place an order that follows the trend or goes against the trend?

3. How to do it and where to do it (find the key location)

4. Are you good at this kind of order?

That's it. You don't need to guess which way the market will go. Whichever way it goes is right and has its reasons.

What you need to do is to have a strategy to deal with it no matter how it moves.

I am Coach Panda, who is good at making complex issues simpler.

Thank you for your likes and attention. I will continue to output this type of content.

I wish you a smooth transaction.