Prop up with obstruction:
We cereal, perhaps say " the bottom that rebounds up is nodded " call prop up. Will express with on level of a certain price or chart a certain area. A lower part is ordered in this, buyer interest is powerful, enough resists the powerful pressure that the bargainor forms. Result price stops to drop here, rebound up later. Normally, current after the dot forms a base that rebounds up, can decide one is propped up. It is obstruction conversely.
In ascendant trend, obstruction mean ascendant impetus herein lull, but it meets after this be passed through up sooner or later. And in downtrend, prop up also can't open refus market for a long time glide, the temporary suffer a setback that can make at least nevertheless.
If rise,the trend should continue continuously, every show consecutive the bottom is nodded (prop up) dot of a bottom. Every consecutive go up strong high point (obstruction) also before have to passes high one high point cannot.
In ascendant trend, if new the standard that a bottom selects, this should rise namely probably trend be about to terminative, or at least be about to the in advance early-warning that degenerate becomes coursewise extension trend. If this is propped up by puncture, the likelihood means a tide be about to by rise invert to drop.
Any trend graphs on the market are to build be being propped up and pressure on the foundation.
According to the distance that two obstruction nod and time, resistance line can be divided for line of force of long-term resistance line and short-term block. The block master piece that the resistance effect of long-term resistance line wants to be more than short-term resistance line is used. If pursue:
If drop,break the string that prop up, form broken go situation, share price can search next strong point, you want to remember, share price is forever in strong point and obstruction between concussion moves.
Sudden resistance line can have a callback, the prop upping that line of the resistance when the callback became new prices.
We see case analyse below
One: All line obstruction (pressure) : Basically point to 5, 10, 20, 30, 60, 120, 250 days wait all the string is right the pressure of share price. All the meaning of the line did not say more, wear on share price all the line needs to clinch a deal quantity enlarge cooperates, this among them with 60, 120, 250 days all the line is attached most importance to especially to the pressure of share price should, because this should pay close attention to these 3 particularly all the string is right the pressure of share price.
Grail 04-8 month arrives of 05-10 month go situation, the green in the graph is 60 days all line, yellow is 120 days all line, red is 250 days all line, can see in the pane from inside the graph 60, 120, 250 all the string is right the pressure of share price.
2: High point (wave crest) pressure: Two above nod early days high (wave crest) make even the line high point obstruction. Share price breaks through this to also require even the line to clinch a deal quantity enlarge cooperates.
Card 03-11 month reachs figure of line of K of 06-9 month week on, two pane are nodded high for two, bit taller choose even the route high namely (wave crest) pressure.
3: Low (trough) pressure: Share price drops broken early days two above low (trough) after connecting a line, if rebound, this will produce even the line pressure to share price, this calls even the line low pressure.
Card 02-1 month reachs figure of line of K of 06-4 month week on, a few low in pane make even the line low (trough) pressure, green arrowhead goes for later period situation is right the pressure of share price, gules arrowhead is breakthrough pressure.
4: Neck line pressure: Double bottom (W bottom) , head shoulder bottom, N form bottom, double top (M supports) , the neck line of the configuration such as head shoulder top has pressure to share price rises or rebounding.
Card 05-4 month reachs figure of line of K of 05-9 month day on, huang Xian is grail W(double bottom) neck line, after pane is a breakthrough, this pressure to share price prop up.
5: Platform pressure: Share price is in platform (or inside certain extent) horizontal dish adjust, drop next broken arrange an area, when share price rises again, platform arranges area to have pressure to share price.
On card arrived 2000 lunar K line pursued 2007, the platform that the area of two green lines builds for grail arranges an area, after maize area destroys platform to drop, later period is right the pressure area of grail.
6: Orbit pressure: Rise or drop the course in orbital, on of course;BOLL line in course, course also has pressure to share price on. Here basically says the path in BOLL, course is opposite on the pressure of share price, because be in orbit,commonly used is BOLL orbit.
Of near future grail take situation picture, green arrowhead is in course and on course is right the pressure of share price.
7: Trend line pressure: Point to downtrend line (bear market rebounds to be nodded high each even the line) rise to share price have pressure.
The month goes to card 2005-2 on attempt of line of K of 2005-8 month day, huang Xian is the downtrend line that when dropping, forms, green arrowhead is the pressure to share price.
8: X line pressure: X line is all pressure to the pressure of share price in the heaviest. What is X line? X line is share price drops fair price, here price forms above twice to rebound, the trough that rebounds each props up even what the line has made share price originally, can drop again later defeat this one trough to connect a line, share price passes above twice to rebound again in lower part of line of this in succession, rebound to connect line extension line bit higher to go up here again, the calls even the line the share X line that by two above low and two above rebound this one to be formed bit higher.
Go up the figure of week K line that card reachs 97 years 6 years, maize is the X line of grail, maize pane is wave crest pressure, green is propped up for trough, of a lot of wave crest and trough connecting a line is X line.
Generally speaking, a line that prop up or pressure line have the consideration of 3 respects to the importance of current influence:
It is share price the accident; in this area retention period
2 it is share price is in what this area accompanies to clinch a deal quantity size;
3 it is the time that this area that prop up or pressure area produce the distance is current the far and near of this period
A few kinds of judgement prop up with obstruction method:
1, all the line is supporting resistance use in judgement relatively frequent.
Common all the line can be divided for simple all line (SMA) and index increase advantageous position all line (EMA) two kinds. Plant as to where all the line is finer with, this convention that watchs an individual. The friend more apt that likes SMA 5, 10, 20, 50, 150, of these 200 integer all line. Like EMA all the friend of the line more it is to like what that agree series forms You Feibo all line period number, for instance 21, 34, 55, 89, 144, these 233 numerical value.
2, pass cloth forest line to judge the obstruction that prop up, it is the course on attention, medium commonly course and next course.
Generally speaking, cloth forest line is taking smooth stage, change is minor, at that time prop up with obstruction relatively stable, also be to be cast high low the best period of time that absorbs an operation. But, investor also wants to notice, be in when cloth forest line goes flat, we should have been installed more stop caustic, prevent to break through phenomenal happening. General experience is, when using cloth forest line to judge, want to choose a few older cycle as far as possible, for instance 55 cycle, even the cloth of 100 cycle forest line.
3, gold cent secant is to search prop up with obstruction most common, also be most efficient way. The author suggests authority is great the use that pays close attention to this method. Especially 38.2% , 61.8% and 50% these an important gold break up archives.
