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Detailed explanation of classic Rising K line pattern

Eden

Oct 25, 2021 13:27

Classic rising K line pattern will  appear repeatedly. If you master the meaning of these combinations, your trading will be greatly improved. When a rising K line combination appears, it tells you that the price will rise soon, stop selling and start buying;


When classic rising K line combinations that appear in a downtrend

In a downtrend, the  rising  K line combination represents a reversal pattern. The product price has bottomed out and stopped falling. Short orders should close in time. Investors can enter the market with long orders.

                              

「Morning Star」is composed of 3 k lines, the first is negative line, the second is small positive line, small negative line or cross line, and the third is positive line.

k线上涨形态-1.png

The morning star means that the falling market will end and it will turn to  rise.


「Flush of Dawn」 consists of two k line,  first there is a big negative, and then a big positive line. The positive line body penetrates more than half of the negative body. 

k线上涨形态-2.png

Flush of Dawn means that the falling market will end and it will turn to  rise. 


「Rising Sun」appeared in a downtrend. It consists of two K lines, first there is a big positive line and then a higher open negative line. The closing price of the positive line is higher than the opening price of the negative line.

k线上涨形态-3.png

「Three Green Soldiers」is in the bottom area, after a long period of falling down, three  positive k line line up.

When this signal appears at the low point of the downtrend, the price will bottom out and rise again.


「Flat Bottom」appears in a downtrend, consisting of 3 or more K lines, and the lowest price is near the same price.

k线上涨形态-5.png

Flat bottom is a kind of bottoming signal. Not often, but the accuracy is high.


Classic  rising  K line combination  that appear in an uptrend

In an uptrend, the  rising  K line combination  indicates that the trend continues and the product price will continue to rise;


「Up Three」appears in an uptrend, three small negative lines appeared after the big positive line, followed by another  big positive line.

k线上涨形态-6.png

Up Three indicate that although the long position has encountered obstacles, the correction has been small for consecutive days, and the market outlook will continue to rise.


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