When investors conduct foreign exchange transactions, on the basis of judging the direction, for example, in the upward trend, they can find the corresponding support level as a reference for the entry point according to technical analysis. If the market operation fails to reach this support level suddenly, you can buy at this time. On the other hand, you need to wait for the next support level and then analyze it according to the market trend.
Downward and upward trends operate in a similar way.
2. Near the tangent.
The way to find the best entry point with the tangent position is to find the test near the tangent when the foreign exchange price breaks through after the graph breaks out of the breakthrough form. At this time, it will be a good opportunity to do foreign exchange transactions in line with the tangent breakthrough direction, and at the same time put a stop loss on the other side of the tangent to avoid a false breakthrough in the exchange rate.
3. Wait for the short-term MACD deviation.
The short-term deviation here generally refers to the MACD deviation in the 5-minute or 15-minute K-line chart. In foreign exchange trading, investors should pay attention to the bottom deviation of MACD in the K-line chart when buying. Only when the market goes out of the vicinity of the relatively low position after the bottom deviation is the more suitable entry point at this time.
Finding the right entry and exit points is of great help to the profitability of our foreign exchange transactions. It can be said that under the premise of the right direction, appropriate research can ensure the profitability of our foreign exchange transactions.