The few forms I have talked about recently are all based on the similar forms of the White Three Soldiers. I will introduce a form that is relatively common in the market but rarely mentioned in books or articles. It is called Li Hei Chariot. It sounds strange.
In fact, this shape looks almost the same as the White Three Soldiers, including arrangement, size, etc. The only difference is the K line in the middle. As the name suggests, the three white soldiers are three yang lines (white lines), and this form is not three yang lines, but a yin line inserted in the middle, and the whole becomes white-black-white, which we call Lihei Chariot.
The position where this form appears is related to whether there are large institutions or large investors involved in the market. The closing position of the black K line in the middle is also related to the overall strength of this form.
In the example of the actual trend above, when the second K-line in the circle appeared, the price of gold was breaking through at a high level, and a large negative line appeared. Many people thought that there was a chance for a dark cloud cover to appear here. top, but it is obviously not satisfied here (investors can also read the previous article to understand the shape of the dark cloud cover). After the black K-line appears, another K-line is needed for confirmation, so we can see the form of the black chariot! Usually, the meaning of the appearance of the black chariot is that the big institutions are washing the market, shaking out some unsteady investors, and there will generally be a continuation of the trend in the follow-up.