1, simple

The relationship between variables and their interaction in the price trend chart are clearly displayed, and the complex relationship is simplified as the price history chart. By drawing, displaying and reading charts by computer, and compiling software for various charts, it is easy to grasp their changing trends. If you want to enter data according to the program, you can see the chart immediately.

2. Objectivity

Although the data of fundamental analysis data are objective, forecasters often have erotic feelings when analyzing price trends. For example, consider some profit factors, or even some profit factors as profit factors. The same is true for technical analysis. The chart shows that buying signals and selling signals exist objectively, and traders will move.

Step 3 be clear

The chart often shows obvious double bottom shape and shoulder top shape, indicating that the crude oil trend can turn, prompting traders to prepare for trading; At the same time, some major support or moving average breakthroughs often mean huge opportunities or risks. Some technical analysis is clear, and clarity equals accuracy.

4. Spirituality

Technical analysis is applicable to any trading medium of any scale, and the basic principle of technical analysis is the same in dealing with crude oil stocks, futures and other transactions. By adjusting the trend chart of any traded product, I can get price information and make predictions.

Technical analysis shortcomings:

1, future trend effect

The technical analysis of the short-term trend of crude oil price changes determines the trend of oil price cycle, such as political policy, economic operation environment and capital market state. It is difficult to accurately predict the price trend during the period by simply using technical analysis.

2. Confirmation of buying and selling signals

Technical analysis shows that buying and selling signals are often far from high or low prices, or even in the opposite direction. The certainty of buying and selling signals often makes traders dare to trade, otherwise they may make wrong decisions.

3. Determine the price range

Technical analysis predicts the trend of total price in a period of time, which can indicate the high price in that period, the low price in that period, and the duration of each rise or fall.

Generally speaking, technical analysis reproduces objective things, their owners, rational control, fund management, investment skills, market characteristics and so on. And only by technical analysis. Because the theoretical basis of technical analysis is to expect to form established rules, which are changeable and changeable, it is more important than technical analysis to determine the trading market and maintain the correct operating concept and good operating state.