How to read forex charts

Forex trading cannot be analyzed without Forex chart analysis. The investor must utilize the graphical illustrations of the charts to specifically analyze and predict future trends based on the historical record of the Forex trend graphs. That forex chart trend graph how to see? The following is the introduction of the side Xiao.

No matter what kind of chart, you can simply understand Forex charts from the following 7 brilliant ideas.

1, the averages from falling gradually flat, the exchange rate from the averages under the breakthrough averages is a signal to buy.

2, the exchange rate rose continuously away from the average above, the exchange rate suddenly fell, but did not break the rising average, the exchange rate rose again, in order to buy signals.

3, the exchange rate fell below the average, suddenly plunged continuously, away from the average, the possibility of rising again to the average is very high, is to buy signals.

4, the average trend from rising gradually leveled off to decline, the exchange rate from the average down to break the average, is a sales signal.

5, the exchange rate temporarily fell below the average, but the average is still rising, the exchange rate is about to return to the average above, in order to buy signals.

6, the exchange rate fell below the average, rising towards the average, but did not break through the average before falling, is a sales signal.

7, the exchange rate rose rapidly far above the rising average, short-term decline, tend to the average, is a sales signal.