The red five-day moving average crosses the ten-day moving average, forming node a as the stock price rises. At this position, the 5-day moving average crossed the 20-day moving average again, forming node b.
As the stock price rises and falls, during the adjustment phase, the 10-day moving average crosses the 20-day moving average again, forming node c. What about these three nodes.
We found that it formed a triangle, which is the most stable form among all known figures. This position forms what we are talking about.
Golden triangle state. After this golden triangle is formed, it heralds the formation of the bottom, and its three corners are all effective supports. Then he dragged the stock price to launch a new round.
Rising prices. Therefore, some people call this form of false trust. Is this pattern a coincidence or a high probability event? Let's look at a few cases, this ticket is in this position.
After the formation of the Golden Triangle on the 5th and the 20th on the 10th and the 20th on the 5th, it indicates an anecdote at the bottom. The stock price starts a new round of rise with the support of point b.