Introduction to the Currency Circle's Wave Theory: From Basic Concepts to Precise Buying and Selling Points
Basic Concepts
- Type: A top type refers to the second of three adjacent K-lines having the highest high and the highest low among the three, with its highest point being the top; a bottom type refers to the second K-line having the lowest high and the lowest low among the three, with its lowest point being the bottom.
- Stroke: Taking two adjacent top types and bottom types, with at least one non-shared K-line in between, forms a stroke, which can be upward or downward.
- Segment: Composed of an odd number of strokes, at least three strokes, with the first three strokes needing to have overlapping parts, divided into upward segments and downward segments.
- Central Area: In a certain level of trend type, the part that is overlapped by at least three consecutive sub-level trend types. For upward trends, examine the sub-level “down-up-down”; for downward trends, examine the sub-level “up-down-up.”
- Divergence: In a certain level of trend, if the latter segment is weaker than the previous segment, it forms a divergence.
Buying and Selling Points
- First Type of Buying and Selling Point: Occurs after trend divergence.
- Second Type of Buying and Selling Point: Occurs during the first return to the central area after a trend reversal, without creating a new high or low.
- Third Type of Buying and Selling Point: Occurs when leaving the central area, and the subsequent pullback does not return to the central area range. #美国加征关税