Price Projection Techniques
by PRASHANT SHAH -
Price Projections “OPPORTUNITY NEVER TO BE LOST. BUY BUY BUY XXXX AND FORGET. NO NEED OF SL. JUST ENJOY THE TREND AND BECOME MILLIONAIRE. EARN DAILY WITH OUR EXPERTS RECOMMENDATIONS. CALL: XXX” Sounds familiar? You may have received this type of messages. Now a days when I open a video in Youtube, I am invariably ... Read more
Length of Lines
by PRASHANT SHAH -
A Line in the Line-break chart is drawn by combining two prices, the length of every line will depend on that. Large line shows strong trend and narrow line shows that price move was not significant. Length of lines can be a significant indicator. The changes in length of lines tells us about the market ... Read more
Line-break Price Patterns
by PRASHANT SHAH -
We discussed about traditional price patterns in Line-break charts. Like other Noiseless charts, there are some price patterns that can be designed using the unique features of line-break charts. The combination of Lines can be a useful tool to read price patterns. The computation or construction part is most important part of Noiseless charts and ... Read more
Conventional Analysis on Line-break charts
by PRASHANT SHAH -
Before we discuss the Line-break chart patterns. Let us explore the possibilities of applying conventional tools of Technical analysis in the Line-break charts. Patterns The popular price patterns such as Head and Shoulders, Cup and Handle, expanding formations, Triangle, Rounding patterns are also applicable and valid in Line-break charts as well. The key difference however ... Read more
Data Testing of Line-break patterns
by PRASHANT SHAH -
Data Testing Now that we have a clear definition of all reversal patterns that can occur in the Three-Line break chart, let us check the percentage of their occurrences. Below is a pie chart that shows the percentage of occurrence of Bullish reversal patterns. Below is a pie chart that shows percentage of occurrence of ... Read more
