CRV / TetherUS
השכלה

Market Structure: Basic Trends

Hey! Hope you are well!

In this chart there is a display of a swing trend. In a downtrend, there is a characteristic lower low and lower high; however, the downtrend is not officially broken until the prior high is violated.

In this chart, there are three lower bottoms; the tops are confounded; the second top partially violates the first; then, the rest of the tops are in the range of the prior swing consummating with the large wick.

A similar micro example is found in this chart.
תמונת-בזק

This is a five minute chart exemplifying the same characteristics.

Be well, and enjoy!

Suggested Reading:
Law of Vibration - Tony Plummer

Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course

Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III

H.M. Gartley - Profits in the Stock Market

Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition

J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach

Fabio Dreste - Quantum Trading

Michael Jardine - New Frontiers in Fibonacci Trading

The Wave Principle, Nature's Law
Ralph Nelson Elliot

Technical Analysis of the Financial Markets
John J. Murphy

A Complete Guide to Volume Price Analysis
Anna Coulling

Mastering The Elliot Wave
Glenn Neely
Fractalmarketstructurestructure

פרסומים קשורים

כתב ויתור