Learning to observe Slopes and Retracement A novice trader should have some basic knowledge in this regard as well. In order to use it as a tool to find a time to buy or sell. Be it the Forex, bitcoin, crypto market or the stock exchange in general, the same principles apply to technical analysis. speed_lines.png Alright, although we know the trend and the trend change. As well as preliminary trading signals But being too honest might will not be very good Flips are essential and very useful for technical analysis. The reason for this is to refer to the slope adjustment or the western language called slope zz of the trend line. LNSeD05x_mid.png From Figure 1, it can be seen that the trend has many lines and the trend is adjusted to different angles. It is not that the trend has only one line and cannot be dragged by others. The rules for drawing the line There may be a variety of methods but the most popular should understand the rules of adaptation also known as retracement. fan_basics.png From Figure 3, he said that when the price has reached a certain level, let\\u0027s say 100 euros, then there is a decrease. The level the price will have The opportunity to rebound to the original trend should occur at approximately 38%, 50% or 61%, that is, if the price drops. After going up 100€, it should be able to bounce back. After going down 38€(38%), if going down 38€ and keep going down, the next support will go down to 50€(50%), it should rebound. (But some technical analysts don\\u0027t give as much importance to the 50% level as the 38% and 61%) levels. However, it should not be more than 61€(61%) because if more than this Chances that the trend will change (From an uptrend to a downtrend) is already very high. Prepare yourself for the trend reversal. This rule is applied to create a speed line (Figure 3), which is a trend line. Only he has rules In this drag, he divides the height into 3 parts from the point where the price is currently moving (1) to the base (which is the base). Level where the starting point rests, so there will be 2 trend lines, right? One line shows the 38% level, the other shows the 61% level. This is just one example of the optimization of the trend line. The trend lines drawn have different slopes. According to the situation But one thing that can be seen from the example is that Every time when the share price has weakened. Down on the support line from the trend line, at least it has rebounded. Also known as rebound to see, which some people may be. It is used as a moment to exit the market. By draining stocks when there is a rebound This is suitable if the trend is downtrend, but if the trend is uptrend or is about to change from a downtrend to an uptrend, anyone who leaves the market may be spoiled because once sold. If the share price is uptrend, the person who just sold it will often cry out, “Look! I have held it for a long time. When I sell it, the price surges higher than it sold.” Therefore, in selling, you should consider it at the right time.