What do the "negative line" and "positive line" of the candle chart mean in foreign exchange trading?
According to the relationship between opening price and closing price, K-line can be divided into two types: the positive line when closing price is higher than opening price and the negative line when closing price is lower than opening price.
The meaning and explanation of the positive line: the positive line refers to the K line whose closing price is higher than the opening price. Yang line classification:
First fall and then rise: the price shadow line fell sharply after the opening, and then rose to a high level. A strong market prospect means a strong upward trend, which may be a harbinger of the upward trend.
First down and then up: after the opening of the bald yangxian line, it turned around and rebounded, closing at the highest price in the whole day, which shows that the upward momentum is great.
Dayang line: the bald yangxian line is rising day by day, with a strong rise. If it appears in a falling market, it may be a signal that the falling market is over.
Rising resistance type: the opening bald positive line has strong rising power, but it is blocked, so it needs to be cautious. If it continues to rise, it may be a harbinger of decline; If it is a rebound in the decline, the bulls will still fall if they are not strong enough.
Weak trend: the market of Xiaoyinxian is chaotic, and it is difficult to have a clear estimate of the ups and downs. If it appears after a strong and sustained rise, it means a high level of shock and lack of continuity, which may be a sign of decline. If it appears after a long-term decline, it shows weakness and may continue to fall. The upward trend of the upper shadow line and the lower shadow line is weakened, which is obviously blocked at a higher price, and the market outlook may fall.
The Meaning of Yinxian and Its Interpretation: What is Yinxian? K-line chart is generally marked with light blue, indicating that the stock has fallen. When the closing price is lower than the opening price, that is, when the trend of the stock price shows a downward trend, we call the K line in this case the negative line.
Bald Yinxian: Bald Yinxian (big Yinxian) falls all day, the market outlook is weak, the market is extremely bad, and it will fall, often appearing in short market. If there are several big yinxian lines in succession, there may be a rebound.
Upper Shadow Line Yinxian: Upper Shadow Line Yinxian (rising first and then falling) rises first and then falls, and the bottom support is not big, which may be a signal that the market is ending. Closing bald yinxian (rising first and then falling) The market rose first and then fell, the seller was strong and the market was bearish. The small yinxian (short black line) market is chaotic, and the ups and downs are difficult to estimate. If it appears after a continuous rise, it means a high level of shock, which may be a harbinger of decline. At the opening, the bald head fell (resisted falling), and the market closed after falling, showing signs of rebound.
Shadow line: shadow line (if you want to fall, you can't hit it) implies that there is strong support at the bottom, and the market outlook may tend to rise. If it appears in the rising market, it will continue to rise; If it appears in a falling market, it is likely to rebound. At the same time, the four-value market is weak and the trading volume is small, so investors wait and see. This one-price situation appears in the deserted stock market. The cross star market is changing, which may be a signal of the stock market turning point. The big cross represents the long-short combat type, indicating that the long-short sides are evenly matched on the same day, and the stock price trend on the next day is as the shadow line, indicating that the bulls are strong and can buy; Otherwise, sell. The knot shape of the small cross should wait and see. We can't have big ups and downs, but we will continue to develop.
T-type: T-type (win-win line) turns into a rising signal, and the market outlook may continue to rise. The strength of many parties is stronger than that of the empty side. It appears in the bull market and may continue to rise. It appears in a bear market and may rebound.
Inverted T-shape: Inverted T-shape (empty winning line) indicates that the seller is stronger than the buyer, which is a signal of strong decline. There is a bull market, which may fall; Appears in a bear market and may continue to fall.