Spot crude oil price trend chart is also called K-line candle chart, or chart, which is generally the trend of spot crude oil price. The following small series details how to look at the spot crude oil price chart.
How to look at the so-called spot crude oil price chart is mainly based on the spot crude oil price chart. In order to meet different needs, the K-line chart of spot crude oil can be subdivided into: 5-minute K-line chart, 15-minute K-line chart, 30-minute K-line chart, 60-minute K-line chart, daily K-line chart, weekly K-line chart, monthly K-line chart and even 45-day K-line chart.
Novices like to watch time-sharing charts, and the price of crude oil rises and falls obviously. However, once they get started, they will use the K-line chart without exception. They like to make a short 5-minute K-line chart at any time, 15 minutes, and the long one depends on the weekly K-line chart and the monthly K-line chart.
Looking at the K-line chart of crude oil is nothing more than judging the price trend of crude oil. If you find yourself paying more and more attention to the weekly K-line chart and the monthly K-line chart in a year or more, you can enter the intermediate class.