Selvakumar DS

[Selvakumar DS]

Price pattern is just a easy recognizable method to show as a diagramic form of the price movement of the trade market. it is in the form of chart with using the series of trend lines, so that the investor can understand the movement of the dhare market.

Whereas, the Dow theory is the ananlysis, to study the market trend, whether the market is in upward or bearish trend. It enables the investoe to opt for th long and short position.

[Selvakumar DS]

Price pattern is a form of graph, which shows the movements of the price in the commodity and price market. In technical analysis, the roll of this chart helps to handle the study of the trend of the market.

[Selvakumar DS]

In technical analysis, the chart draws the series of price movements forming a shape of U is termes as rounding bottom. The roundimg bottom pattern forms at the end of continues downwards stream of the pricemovemnet and the reveresal pattern follows.

A Cup pattern, resembles the shape of the cup, when the chart movement comes downwards and move upwards gradually.

[Selvakumar DS]

A Dow theory says, The Market is Bullish or its moving upwards, where the buyers are dominating when the average growth of the market is above the previous Hogher top.

[Selvakumar DS]

Dow Theory requires a Laong term data of minimum 2 years to ananlyse the market trend

Trends of market were not strictly exposed.

 

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