The first step is to remember some special numbers:

0. 19 1 0.382 0.6 18 0.809

1. 19 1 1.382 1.6 18 1.809 2.00 2.6 18 4.236 6.854

Among these figures, 0.382, 0.6 18, 1.382, 1.6 18 are the most important, and the price is likely to generate support and pressure at the golden section generated by these four figures.

Step two, find a point. This point is the highest point at the end of the rising market, or the lowest point at the end of the falling market. Of course, we know that high and low here refer to a certain range and are local. As long as it can be confirmed that a trend (whether rising or falling) has ended or temporarily ended, the turning point of this trend can be used as the starting point of the golden section. Once this point is selected, we can draw the golden section line.

Foreign huitong financial investment training reminds traders that the correction position of exchange rate can be judged through the golden section, and the usage method is as follows:

The golden section is very simple to use. For example, in the rising market, we can draw the golden section line between the lowest point and the highest point, from bottom to top; On the other hand, if it is a falling market, draw from top to bottom. After drawing, you can see several position lines of 0, 23.6, 38.2, 50, 6 1.8, 100. These are the percentages of the golden section. The middle position line is generally the position where resistance or support may occur, so that we can clearly see the possible callback position through the position line.

The position of price correction is generally between 23.6 and 38.2. If the callback exceeds 50%, the trend may be reversed, with 38.2%, 50% and 6 1.8% being the key positions.