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In the past few days, some newbies have been asking, what is a rebound? How to look at the upward momentum and downward momentum. A "rebound" simply refers to a golden cross pattern bounce, where the MACD above the 3-day line is below the zero axis (if it is above the zero axis, it indicates a rebound rise, bullish market). The rebound, or rebound, is formed by the convergence of double lines at the hourly and 1-2 day line levels below the zero axis, usually occurring after a big dump or long wick candle.
The circle in Figure 1 represents the golden cross pattern on the daily chart, and the hollow energy block at the arrow indicates the Rebound momentum. It can be seen that the Rebound momentum on the daily chart is still present. Although there was a slight pullback yesterday, resulting in a solid energy block (deceleration momentum), the strengthened trend remains. Looking at Figure 2's 2-day MACD, the dual lines show a trend of converging into a golden cross pattern. If it runs again next week, a hollow energy block may appear above the zero axis, which will initiate the Rebound effect, allowing 8w8 to be reached.