How to analyze the foreign exchange K-line chart

Technical analysis of K line/

How to analyze the foreign exchange K-line chart. Some friends who have done foreign exchange should know that a very important basis for judging the trend of foreign exchange is the foreign exchange K-line chart. A simple chart, why can some investors get a lot of valuable information, while some investors only see simple line graphics? What is the reason for these two different results? The main reason is that some investors not only look at the K line Graph, but also in-depth analysis of the K-line map, and simply look at the map is certainly not the same. Today, I'd like to introduce how to analyze the foreign exchange K-line chart?

First of all, we should master some basic foreign exchange K-line chart

In the foreign exchange market, every day's K-line trend chart is unique, but careful observation will not be difficult to find that some charts are similar. After observation and summary, professionals summed up several typical forms, such as spindle line trend, cross line trend and so on. These typical trend charts have their own characteristics. Investors should learn and master these typical trend charts. They should know that this is the basis for in-depth analysis of K-line chart, master the simple typical form, and can better find the breakthrough point when analyzing the complex trend chart.

Secondly, it is necessary to deeply analyze each line and the root of its trend

The K-line chart of foreign exchange trend is composed of different lines, and each line may affect its next trend. At the same time, investors must be clear that every line has a reason, and it is necessary to analyze the reasons behind it. For example, the sudden appearance of the big positive line, why does it appear? Is there any important financial event, or major good news. Develop such a habit of analysis, a long time will naturally learn to in-depth analysis of foreign exchange K-line chart.

Third, we should learn to use tools to analyze

How to analyze the foreign exchange K-line chart. Friends who often do foreign exchange know that there are many lines on the foreign exchange K-line chart, representing different meanings. At the same time, investors can draw their own lines to analyze the trend, which is easier to see at a glance. Of course, there are also some professional analysis software, investors can consider whether they need it according to their actual situation.

[disclaimer] the publication of this article by finance managers for the purpose of transmitting more information does not mean that it agrees with its views or confirms its description. The content of this paper is for reference only and does not constitute investment advice. Investors operate accordingly and bear their own risks

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