How to understand the K line Trade Graph?
Introduction to Technical Analysis-K Line
What is K line
The K line was created to record the running trajectory of commodity prices during a specific period of time (30 minutes, 1 hour, 1 day, 1 week ...), also known as a candlestick chart. Zongjiu invented.
The K line contains four elements: the opening price, the highest price, the lowest price, and the closing price, which are divided into a Yin line and a Yang line.
Drawing method of K line
In the K line of any time period, the price generated by the first exchange is the opening price, or opening price; the last transaction
The price is the closing price, also known as the closing price; during this period, the highest transaction price is the highest price, and the lowest transaction price is the most Low price.