How price pattern are different from Dow Theory?

[v geetha]

Dow theory is based on the analysis of Demand and Supply. Price pattern helps us to understand the expected market behavior for near term.

[Navin]

Dow Theory and Price pattern:

Dow theory is used to determine the market movement in a long term perspective whereas price patters gives you early indicator of the market movement.

[Ganesh]

Dow theory will show where the demand and supply were take over the market, but price pattern will show the characteristics of market movement

[Ayyasamy muthukumar]

Dow theory cannot be used short term Trading because it shows only demand and supply not the price movements.

But price patterns shows the price movements and clear entry & exit points.

[Lakshmisudha R]

Dow Theory helps us to identify the market trend with the help of demand and supply and it is suitable for long term trading.

whereas, Price patterns helps us to identify the price movements which is very helpful for long term as well as short term trading.

[Author]

Posts