When doing margin trading, we should find out some of the trends, find the dominant trend, and understand the traditional market concept and the overall orientation, which can give us more keen insight.
Especially when there are short-term market fluctuations, or when the whole situation is disturbed, it is important to do weekly and monthly chart analysis to understand the trends.
2, support and major support and resistance levels itself in the chart are facing upward or downward pressure, but also in the whole support level, all chart pattern must also is low, the resistance level is the highest among the chart, relatively when some of these points, once again, the emergence of a number of different trends,
They may also be judged as support and resistance.
3, lines and channels if you want to do it, line and channel is also very important, because the trend line in the process of identifying market has become one of the most simple to use tools, and straight up at least two continuous low, they can be connected, and naturally, the second must be higher than the lower, the extension of linear judgment,
Will help the path of the overall market movement, the upward trend, will help to identify the level, and this specific method must be particularly understood, in short, the downward line is drawn by connecting two points.