During the trading process, grasping the movements of major players, the 6 core patterns can effectively help us make judgments!
1. Top Divergence (Price reaches a new high but volume does not follow)
2. Bottom Divergence (Price reaches a new low but volume increases against the trend)
3. Trendline Breakthrough (Key point for direction selection)
4. Range Breakthrough (Precursor to a trend change)
5. Support and Resistance (The dividing line between bullish and bearish)
6. Accelerated Trend (Short-term explosion signal)
By identifying classic patterns, we can more accurately judge the conversion of bullish and bearish forces and grasp trend turning points or continuation opportunities. However, it should be noted that technical analysis is not infallible and should be combined with an overall assessment of the market environment and fundamentals!