Consolidation occurs not only at the top or bottom, but also in the process of rising or falling. According to the different stages of crude oil price movement, it can be divided into four situations: upward consolidation, downward consolidation, high-grade consolidation and low-grade consolidation.
Consolidation on the rise: This consolidation refers to a short break of crude oil price after a period of rapid rise, and then it goes up again. The corresponding early rise is often a rapid rise after weakness. From the perspective of volume, the price rose, but the volume did not shrink in the consolidation stage. Although profit-taking is thrown out, it is enough to repel the empty side. This consolidation generally appears in the form of wedge and flag consolidation.
Consolidation in decline: This consolidation is that after a period of decline, crude oil prices stabilize slightly, rebound slightly, and then turn around and go down again. The corresponding early decline was hit by bad news, and consolidation was just an empty plan to rest. The price of crude oil rebounded slightly, but it couldn't stand the air raid again, and the price of crude oil fell again. Judging from the volume of transactions, the price decline has increased.
High-level consolidation: This consolidation means that after the crude oil price rises for a period of time, the upward trend stagnates, the crude oil price fluctuates, the energy in many ways is exhausted, the crude oil price is high, and the upside space is limited. Dealers are gradually shipping at the head. Once the main force retreats, the price of crude oil will be broken in one fell swoop. This consolidation generally takes the form of rectangles and arcs.
Low-level consolidation: This consolidation refers to the price of crude oil hovering at the bottom after a period of decline. In addition, with the emergence of Lido, popularity gradually gathered, and market funds did not withdraw. As long as the price of crude oil no longer falls, they will enter the market one after another, and the main bookmakers will continue to absorb cheap chips in the market, and the floating chips will be reduced day by day, and the pressure on the shift will be reduced. When this happens, the market will break through. This situation.
General criteria for integration breakthrough:
1, whether there is a new record or a new record when the volume breaks through.
2. The new price of price breakthrough must exceed the original high price or be 3% lower than the original low price.
3. Break through the K-line pattern upwards to see if there is a Yang Bao Yin pattern; Decompose whether there is a pattern of yin embracing yang.
4. After three days of breakthrough, the price still exceeds the original high or low point;