The price of this contract has been falling continuously, reaching temporary low points (at the two circles), then suddenly a K line breaks below the previous low. The market fell to a low of 3388 points, but this time the drop below the previous low did not last, and it quickly returned above the previous low. Moreover, this false breakdown was also represented by a K line pattern indicating a bottom reversal known as a 'hammer'.
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When the price returns above the previous low again, it is the time for investors to enter and go long. Entering the market on a 15-minute short cycle is short-term trading; entering on a 1-hour cycle is swing trading; and entering on a daily cycle is medium to long-term trading. A good trading technique should be applicable across all cycles, unless it is specialized technology, such as high-frequency trading or intraday short-term trading.