How price pattern are different from Dow Theory?

[Padmanabha]

Dow theory indicates the direction of the price movement and helps to derive the trend.

Price patterns are subset of Dow theory, which gives early indication on the price movement and helps to understand the characteristics.

[Divya E R]

Dow theory indicates the direction of the price movement while Price patterns are a subset of Dow theory, which gives an early indication on the price movement and helps to understand the characteristics.

[Author]

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