In the field of financial trading, the 12 Golden Candlesticks is a widely followed Technical Analysis tool. It consists of 12 specific combinations of Candlesticks, which may appear during market rises or falls. The core value of the 12 Golden Candlesticks lies in its ability to reflect specific market sentiment through characteristics such as the length of the candlestick bodies and the lengths of the shadows.



Many traders view the 12 golden K as an important signal for judging market trend reversals or continuations. For example, patterns like the hammer, morning star, and bullish engulfing are often considered indicators that a trend may reverse; while patterns such as the bullish candle, bearish cannon, and rising three methods may indicate the trend's continuation.

According to the market meanings it reflects, the 12 Golden Candlesticks can be divided into three main categories: reversal Candlesticks, offensive Candlesticks, and warning Candlesticks. This classification helps traders interpret market trends more accurately.

It is worth noting that the application range of the 12 Candlestick is quite broad and can be applied to various trading timeframes, including 1-minute charts. However, although the 12 Candlestick is a powerful analytical tool, it is not an all-purpose trading indicator. Investors should not use it as the sole basis for entry, but should combine it with other analytical methods.

In practical applications, traders should first determine the overall market trend, then look for key price levels, and only then consider using the 12 Golden Candlesticks for entry. Relying solely on the 12 Golden Candlesticks for trading decisions is unwise.

Finally, an important principle is 'the closing line is greater than the sky'. This means that we can only determine whether the golden K shape has truly formed after the Candlestick closes. This is crucial for accurately interpreting market signals.

Overall, the 12 Golden K as a Technical Analysis tool provides investors with a new perspective to observe market sentiment and judge potential trend changes. However, like any trading tool, it needs to be used in conjunction with other analysis methods and flexibly applied in combination with the actual market environment.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
ProofOfNothingvip
· 3h ago
How long to look at K-line to lose for a lifetime
View OriginalReply0
NftCollectorsvip
· 08-05 01:48
12 Candlesticks are the Da Vinci Code of the Blockchain market, reflecting the connectivity between macro cycles and artistic fractals.
View OriginalReply0
HorizonHuntervip
· 08-05 01:47
Looking at the candlestick chart until my eyes go blind and still haven't gotten rich.
View OriginalReply0
MainnetDelayedAgainvip
· 08-05 01:42
According to the database, 9527 suckers have closed all positions at 12k.
View OriginalReply0
WenAirdropvip
· 08-05 01:41
Don't say anything, just get it done.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)