In foreign exchange speculation, direction judgment is as simple as that

Let's identify a few concepts first.

Directly above

A complete N-shaped movement. Downward movement. After confirming 4 points. Then place an order according to the direction.

Your goal first is to break a new low. If it reverses, it will break the next high. Then the direction reverses and breaks the high.

This is the most basic. If you don't understand, think carefully.

Next is a gold 1H chart.

Confirm the downtrend first. On the left of the chart is a wave of N-shaped decline. If the break of the low on the left is completed. Retracement is a short idea.

However. There is no breaking position. Go to the situation in the red box on the right side of the chart. Then your entry position is the relative lower point marked. In this picture, a falling N-shaped shape was originally formed immediately. The result is also seen. It becomes a relatively small level of rising N-shaped shape. At this time, you can only choose to follow the current shape. If you do not break the second high on the right. It proves that the power of falling is still strong. It will take another small level of falling N-shaped breaking the previous rising N-shaped. As for how to calculate breaking, it is another relatively high and low point within the generation range.

The advantage of this approach is. Always follow the market. Don't be obsessive to guess where you must go. The target position is also relatively guaranteed. If you break it, you will succeed. If you don't break it, you will pull it back, and it is possible to change the direction.

It will not be blindly empty or always more. This is the most basic way to judge the direction.

(Today is all about conceptualization. Identify concepts rather than mindless clichés. Remember!)

The gold in the picture above sends another refined trend. It's more intuitive.

I'm showing the downward force in green. Blue is the long-short conversion area. Red is the upward force.

Such a mark. The long and short trend on the disk is more obvious.

If you don't understand, wait for the next technical analysis push. See your mood next week...

Direction judgment is that simple. What you can understand will understand. Some things don't have to be so complicated. Market movements include everything.

The first technical push comes here first. The concept must be clear. simple. The direction should also be judged and simplified.

The more complex you think. The more contradictory.