FOREX Trading

Regarding the support pressure of the k-line, here I will give you a list of several situations
1 platform of the finishing period
Like this chart, the stock price from the uptrend to the horizontal finishing, here is a sell and buy anxious process! Here they will re-stock their energy and maintain a delicate balance!
And when one day, this balance is broken, the stock price will change from the current oscillating consolidation, to a unilateral trend (up or down)
We know that the oscillation and pressure can be converted, if the stock price after the breakthrough on the original finishing platform, then here is the support!

Third: K-line pattern method

According to the K-line pattern, you can find the highest and lowest points in front of you as the pressure position and support position of the market operation afterwards.

It should be noted here that the highest and lowest points are generally near a horizontal finishing area, and it is more effective to choose such a price area as a support and pressure level.

For example, the position of the white circle in the graph, tried to fall, but did not succeed, we obviously found that there is support here!

When the price moves between the lower and middle rails of the Bollinger band, the middle and upper rails of the Bollinger band will play a pressure role, that is, they will generate pressure levels.

Like this chart, this is the Bollinger band, the white position is pressure, the red position is support, very practical!
This indicator has not been taught to you yet, I will share it later! Do not worry!

BUY 148.175
🔰TP 148.167
🔰TP 148.179
🔰TP 148.135
❌SL 148.132