How to use trend lines to capture buying and selling points - What is the 123 rule

1. After the upward trend line is established, the price of the currency falls back without breaking the trend line, which is a buying point

2. After the upward trend line is established, the price of the currency falls below the trend line and then quickly stands on the trend line, which is a buying point

3. After the upward trend line is established, the price of the currency falls below the trend line, which is a selling point

4. After the upward trend line is established, the price of the currency falls below the trend line, and the pullback trend line is blocked, which is a selling point

5. After the downward trend line is established, the high point of the coin price is under pressure from the trend line, which is a selling point

6. After the downward trend line is established, the price of the currency breaks through the trend line and then quickly falls below the trend line, which is a selling point

7. After the downward trend line is established, the price of the currency breaks through the trend line, which is a buying point

Everyone should review the market and draw lines to find buying and selling points.

(2) The content of the study is the three-point bottom-picking method of the trend line

After the downward trend ends, the price of the currency starts to move upward, forming a low point A. After rising for a period of time, it starts to pull back and forms a high point B.

If the depth of the callback is lower than point A, the low ABC is invalid and it may continue to fall or consolidate.

If the low point of the callback is higher than A, it starts to move upward to form the second lowest point C. If it effectively breaks through point B, then the low position ABC is established and the bulls are dominant. Finally, it is judged that an upward trend is formed.

The low-level ABC bottom-picking method must comply with three principles:

①Break through the downward trend line; ②Point C must be higher than Point A; ③The price must break through Point B

The 123 rule is the ABC of the trend. They are just called differently.