Why do day traders consider the first 15-minute candlestick chart to be very important?
In fact, the market will stabilize within an hour, and during this time, the first 30 minutes are very important. If the price does not fall below the low point of the first 30 minutes, then it becomes meaningful. It is important because during this time, the market will try to establish the highest and lowest points of the day and try to find its footing.
In this scenario, although it gives a sell signal, the time required for the breakout range is nearly 30 minutes, but ultimately it provides a 1:2 target. Sometimes, the first 15 minutes form the main candlestick, and the price rotates within that range until the end of the day, yes, people should thoroughly grasp the intraday pattern before they can succeed.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
成熟投资者：格局，概率，取舍。没有格局必然急功近利。不计概率会把运气当技术。不懂取舍，有所不为，最后必落入陷阱和圈套。
1001Followers
58Following
6101Visitors
Follow