Current location - Trademark Inquiry Complete Network - Futures platform - The process operation of double top and double bottom pattern from double top to double bottom The appearance of a double bottom pattern on the market indicates that new opportunities have emerged in
The process operation of double top and double bottom pattern from double top to double bottom The appearance of a double bottom pattern on the market indicates that new opportunities have emerged in
The process operation of double top and double bottom pattern from double top to double bottom The appearance of a double bottom pattern on the market indicates that new opportunities have emerged in the stock market. At this time, investors should seize the opportunity and seek the most effective operations. Strategy, turn double top into double bottom. The following is the operation strategy for double top to double bottom when a double bottom pattern appears on the market. The characteristic of a downward trend is that the lows need to be constantly refreshed. When the neckline is broken upward, the high points are refreshed and the characteristics of an upward trend appear. However, after the double bottom is formed, the price does not continue to continue the downward trend, indicating that The market may reverse, that is, the highs are constantly refreshed and the lows are constantly raised, thus forming an upward trend. Take an upward break above the neckline as confirmation. The picture above is an illustration of a double bottom. In a downward trend, it then falls again and attacks this support position. The market price rebounds when meeting support at a certain support level. Usually, as the downward momentum weakens, it rebounds again under the action of the same support level, and finally breaks through the neckline upward. , complete the form. In terms of trading strategy, when the second low of a double bottom is formed, breaking the downward trend line of the previous trend upward is a reminder signal. Sometimes, after breaking through the neckline upward, it will call back to confirm the neckline level. Breaking through the neckline upward is a confirmation signal, and a callback After confirmation, the head turns upward again, and you can go long near the neckline. The neckline changes from the previous resistance to the support. The stop loss is set below the previous low, and the target space is about twice the stop loss space, and you can Use some indicators to determine exit points. When the double top is formed, the price does not continue to trend upward, which indicates that the market may reverse. The characteristic of the upward trend is that the high point needs to be refreshed continuously. When it falls below the neckline, the low point is refreshed and appears. The characteristics of a downward trend are that the lows are constantly refreshed and the highs are constantly lowered, thus forming a downward trend. Take a break below the neckline as confirmation. The picture above is an illustration of a double top. In an upward trend, the market price encounters resistance at a certain resistance level and falls back to adjust. Usually, as the upward momentum weakens, it falls again under the influence of the same resistance level, and then rises again to attack this resistance position, and finally falls below the neck. Line, complete the form. In terms of trading strategy, when the second high point of the double top is formed, falling below the rising trend line of the previous trend is a reminder signal. Sometimes, after falling below the neckline, it will rebound to confirm the neckline level. Falling below the neckline is a confirmation signal, and rebounding After confirmation, the head turns downward again, and the neckline position changes from the previous support role to resistance role. You can go short near the neckline position. The stop loss is set above the previous high point. The target space is about twice the stop loss space, and you can Use some indicators to determine exit points.