Twenty-five, guillotine
Main features:
1. Appears in the late stage of rise or high consolidation period;
2. A large negative line is like a knife, cutting off the short-term, medium-term and long-term moving averages at once, and the closing price has closed below these moving averages.
Technical meaning:
A reversal signal, the market outlook is bearish.
Operation suggestions:
Regardless of whether you are an aggressive investor or a prudent investor, you cannot continue to do long when you see this pattern, and you must try to exit as soon as possible.
Main tips:
If the trading volume increases during the decline, there will be greater room for decline in the future.