Tagged: 

Viewing 2 posts - 251 through 252 (of 252 total)
  • Author
    Posts
  • #84494
    Padmanabha
    Participant
    Rank: Level 2

    When the daily price is plotted with line charts, there should be two visible equivalent bottoms with the duration of 1 month timeline with high volume in second bottom.

    Condition for bullish: Two equivalent bottoms with 1 month duration & high volume at the second bottom or the neck line and trend goes up above the neck line.

    #159990
    Divya E R
    Participant
    Rank: Level 3

    A double bottom has a ‘W’ shape and is a signal for a bullish price movement.
    Conditions are:
    Two equivalent bottoms
    Volume should be high at point B or point C duration should be minimum 20 days
    Long positions cab be considered above price high

Viewing 2 posts - 251 through 252 (of 252 total)
  • You must be logged in to reply to this topic.

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?