Because the drawing of K-line includes four basic data: opening price, highest price, lowest price and closing price, we can judge the trading time from the type of K-line.
Dayang line:
When the opening price is equal to the lowest price and the closing price is equal to the highest price, the K line is called the bare-headed and barefoot Dayang line, indicating a strong rebound.
Yin Da Line:
When the opening price is equal to the highest price and the closing price is equal to the lowest price, the K line is called the big yinxian line, indicating that the exchange rate plummeted.
Big cross:
When the opening price is equal to the closing price, and the upper shadow line is equivalent to the lower shadow line, the K line is called the big cross star, indicating that the battle between long and short is fierce and evenly matched, and the market outlook is constantly changing.
When the cross star appears in a relatively high position on the K-line chart, it is called the sunset star. When the cross star appears at a relatively low position on the K-line chart, it is called the morning star.
Comprehensive type:
The comprehensive K-line type represents the difference of long and short power, with the cross star as the balance point, the positive line is dominant, the positive line is the strongest, the negative line is dominant, and the big negative line is the strongest. Han Sheng believes that what we should pay attention to is that when investors look at the K-line, a single K-line is of little significance, but it is meaningful to compare it with the previous K-line.
Edited by Snow Valley Global Information