Hammer wire and hanger wire this form is a single K wire.
The bottom is called the hammer line and the top is called the upper sling line.
The name makes sense visually.
Signal: Reverse the signal, the top appears to indicate the decline, the bottom appears to indicate the rise characteristics: the lower line is longer, the entity is smaller.
The shadow line should be at least twice as long as the solid height.
Short upper shadow line or no upper shadow line.
It can be a Yang candle or a Yin candle.
Swallowing form This form is 2 K lines, also known as the holding line form.
The colors of the front and back K lines are opposite.
There are two cases: anterior Yin posterior Yin or anterior Yin posterior Yang.
Signal: Reverse signal.
A Yang candle is bullish while a Yin candle is bearish.
Characteristic: The engulf pattern must appear in a one-sided trend to be effective.
The second K-line entity must contain the first K-line entity, and the two entities must have opposite colors.
There is an exception when the first K-line entity is very short, similar to the “ten” line, and the two K-lines can have the same entity color.
Cloud COVER TOP PATTERN This shape consists of two K lines, front Yang followed by Yin, the top of the market occurring in an uptrend or possibly a horizontal consolidation trend.
Signal: Top reversal signal, bearish.
Features: The two K lines must be the white entity in front + the black entity in back.
The opening price of the second K line should be higher than the highest price of the first K line, and the closing price should be inserted at least about 50% of the first K line entity.
This form consists of two K lines, Yin followed by Yang, also known as cut back line form.
It is the opposite of cloud cover.
Occurs in a downtrend and may also be the market bottom of a horizontal consolidation trend.
Signal: Bottom reversal pattern, bullish.
Features: The two K lines must be front black entity + back white entity.
The opening price of the second K line is lower than the minimum price of the first K line, and the closing price must be inserted up about 50% of the way to the first K line entity.
The Morning star and the Evening star are an inverted form of three K lines.
The morning star is Yin before Yang, showing a downward trend, the evening star is Yang before Yin, showing an upward trend;
Signal: Bullish at the bottom of Apocalypse, bearish at the top of Evening Star.
Characteristics: The first K line of Qimingxing is Yin candle, the second K line can be Yang candle or Yin candle, the entity is short, the opening price is lower than the lowest price of the previous K line, the third K line is Yang candle, the entity is long.
The first K line of the evening star is Yang candle, the second K line is Yang candle or Yin candle, the opening price is higher than the highest price of the previous K line, the third K line is a Yin candle, the entity is longer.
The ups and downs of the pandemic dented risk appetite, the dollar strengthened gold fell, and oil prices fell more than 2%.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
