1. identify two equivalent bottoms
2. Minimum gap between two bottoms must be 20 days
3.volume should be high on point B or C
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1. identify two equivalent bottoms
2. Minimum gap between two bottoms must be 20 days
3.volume should be high on point B or C
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
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Hi,
As with any other reversal pattern there must be a long term established trend to reverse…. In the above chart the prior trend is not visible so try to post along with previous trend.
Ok sir