Tip 9: Slow rise will accelerate, don’t copy the top and wait for bound
Tip 9 needs to meet three conditions as follows:
1. The price increases slowly along the MA5 and MA10;
2. The rate of rise is not sharp, but new highs are created constantly;
3. The price will accelerate and deviate from the MA5.
Usually, the price increases slowly, and correction is small bearish candles, then rise again along the MA5(attack line) and MA10(defense line).If the market moves as this, don’t guess where is the top, just buy at the correction. When the market accelerate as several large candles with long wick and the price is far away from MA5, then the stage top is likely to form.This is more effective in big time frame.
Tip 9 needs to meet three conditions as follows:
1. The price increases slowly along the MA5 and MA10;
2. The rate of rise is not sharp, but new highs are created constantly;
3. The price will accelerate and deviate from the MA5.
Usually, the price increases slowly, and correction is small bearish candles, then rise again along the MA5(attack line) and MA10(defense line).If the market moves as this, don’t guess where is the top, just buy at the correction. When the market accelerate as several large candles with long wick and the price is far away from MA5, then the stage top is likely to form.This is more effective in big time frame.
