Investing for life, a little trick every day
40 chart formats to help you see the movement and find the right time!
During the lesson, we started from the details and learned how to see a candle through the sun. So what about the secret to stock price movements? That is to say, graph morphology.
Chart forms are specific graphs summarised by stock price movements that show many of the laws of stock price volatility, market sentiment, and behavioural changes. If you master these, like having a map installed in your brain, it can help you determine stock price movements faster and easier to find when to trade.
Today's Futubull gives you the quickest way to see some important or common chart patterns, below we'll look at three categories (Holiday Green and Red Fall).
1. Reverse form
Such chart shapes are signals of trend reversals. When these patterns occur, a downtrend may reverse to an uptrend and an uptrend may reverse to a decrease.
2. Continuous form
Such chart patterns are trend continuation signals, and when these patterns occur, the stock price may continue to trend before after a period of time has been sorted.
3. Organize Forms
In this form of chart, the stock price enters an orderly zone, and the trend may reverse or continue.
Futubull last sentence
There are so many chart formats, Futubull today and what you mentioned, are just a part of them, so you can use the fastest way to get to grips with the form of your body.
The situation in the market is a bit more complicated, and the morphology is just a hint of a reference. In specific applications, it is also necessary to combine trading volume, fundamentals, and other technical indicators and tools, and remain sensitive to market changes in order to make more reliable trend judgments and set reasonable entry and exit prices and timing.
If you are interested in this, you are welcome to study more advanced courses《Trading Small Lesson - Chart Form》。 Finally, if you recommend a very dangerous tool, you can select stocks according to the pattern on Futubull, and the tool operation can be seen“The Best Helper of Shaped Stock Options”.
