Current Location：Home||How to determine the tops and bottoms of the market in forex and gold market

How to determine the tops and bottoms of the market in forex and gold market

{}Posted in2023/2/25 11:55:44 | 3Browse

every forex trader, all ho Forex rebate for Exnesse to be able to throw cashbackforexexness the forexrebates top, buy at the bottom, but to be honest, this is very difficult to fully realize in the real market, but we can judge the relative top forexcashrebate relative bottom through some methods Today, we will talk about the forex market from three aspects of the top and bottom of the judgment method a, from the second high (low) point to judge the top and bottom we can compare the second top with the first top The first top for comparison, if the second top than the first top low, it means that the buyers power has been exhausted, has not been able to push the price over the previous high point   then in this position, it is easy to reverse the situation of the conversion of the power of the two sides, resulting in the power of the short side is stronger than the power of the parties at this time, the original do more money may change the planning, and turn to do short and thus make the price significantly The top of this formation of the foreign exchange state  www.waihuibang.com  >   Forex experience tips  www.waihuibang.com/fxschool/experience/ The following chart (New / U.S. daily chart): 1 and 2 two highs, the second top below the first top, the market reversed the third top below the second top, the market also reversed 4, 5 the same way  Second, the use of indicators to determine the top and bottom there are a number of technical indicators, such as cashback forex (Relative Strength Index) is more common to determine the top and bottom of the indicator RSI from a specific RSI from a specific period of price changes, speculate on the future direction of price changes, and according to the price increase or decrease in the degree of market strength or weakness of short-term RSI in the level of 20 or less, from the bottom to cross long-term RSI, for the buy signal short-term RSI in the level of 80 or more, from the top to cross long-term RSI, for the sell signal price a wave than a wave of low, on the contrary, RSI but a wave than a wave of high, the price is easy to Reverse up price a wave than a wave high, on the contrary, RSI but a wave than a wave low when the price is easy to reverse down RSI below 50 for the weak zone, above 50 for the strong zone from the bottom up breakthrough 50 line for from weak to strong, from the top down breakthrough 50 line for from strong to weak generally believe that RSI above 50 accuracy is higher the following chart (gold daily chart): the price has been in a new high The RSI does not create new highs, but rather in the oversold area to produce divergence, signaling a possible shift in the market, when the market does turn down  Three, the use of wave theory to determine the top and bottom about the wave theory, we have previously done a detailed explanation in the WeChat push its basic idea is: when the market rises generally to five waves of rising patterns appear, wave up, wave Adjustment of the market down when the general wave down to complete the A wave down, B wave rebound, C wave down   rising market once unfolded, we can use wave theory to count the waves according to the height and width between the waves, you can predict in advance the top and bottom of the location, so as to carry out the corresponding operation, to achieve the purpose of avoiding risk to obtain profits the following chart (gold daily chart) is A complete five-wave pattern:   Of course, we need to remind you that there is no absolute top and bottom in the foreign exchange market We can not find the exact top and bottom, but find the relative top and top for us to judge the market, smooth trading is also very helpful
↑