Viewing 5 posts - 291 through 295 (of 308 total)
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  • #80003
    suraj
    Participant
    Rank: Level 3

    If the chart pattern is making higher top and higher bottom, then the trend is up.

    Similarly if a chart is making lower top and lower bottom then the trend is down.

    The trend period is 2 years.

    #80044
    Praveen M
    Participant
    Rank: Level 4
    1. Open the daily line chart of a stock. (for minimum 2 years)
    2.  Mark the major Tops and major Bottoms.
    3.  Classify the tops and bottoms as Higher Top(HT) or Higher Bottom(HB) and Lower Top(LT) or Lower Bottom(LB) in comparison to the previous Top and Bottom respectively.
    4.  If a transition from HB to HT (with high volume) is found, then it is a Bullish trend which is suitable to create Long position.
    5.  If a transition from LT to LB (with high volume) is found, then it is a Bearish trend which is suitable to create Short position.
    #80521
    SHREYANS BOTHRA
    Participant
    Rank: Level 3

    Find the sequence of the chart. If the sequence is:

    1. Higher top and higher bottom. The trend is bullish. Make Long positions in the market

    2. Lower top and lower bottom. The trend is bearish. make short positions in the market

    #80567
    shri hari
    Participant
    Rank: Level 2

     
    <p style=”box-sizing: border-box; margin: 0.85em 0px 1em; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;”>If the chart pattern is making higher top and higher bottom, then the trend is up.</p>
    <p style=”box-sizing: border-box; margin: 0.85em 0px 1em; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;”>Similarly if a chart is making lower top and lower bottom then the trend is down.</p>
    <p style=”box-sizing: border-box; margin: 0.85em 0px 1em; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;”>The trend period is 2 years.</p>

    #81032
    canute
    Participant
    Rank: Level 3

     

    Bullish : Higher Bottom-Higher Top Sequence, High volume, Long position in the market.

    Bearish : Lower top- Lower bottom sequence, High Volume, Short position in the market.

     

Viewing 5 posts - 291 through 295 (of 308 total)
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