Time Correction and Price Correction Concept
From swing point 1 to swing point 2 how much time it take to reach is time correction,
From swing point 1 to swing point 2 how much deeper price went and come back to swing point 2 is price correction
Types of swing point
Weak Swing
• Small candle size
• Small V shape formation
• Time correction high
• Price correction low
Medium Swing
• Medium candle size
• Medium V shape formation
• Time correction medium
• Price correction Medium
Strong Swing
• Big Candle size
• Immediate big V shape (Heavy rejection)
• Time correction low
• Price correction high
Types of Trend Line
Long Term Trend Line (1 Day Chart)
Medium Term Trend Line (15M Chart)
Short Term Trend Line (2M Chart)
Only Follow this 3 time Frame (Don’t make Confusion in the chart)
From swing point 1 to swing point 2 how much time it take to reach is time correction,
From swing point 1 to swing point 2 how much deeper price went and come back to swing point 2 is price correction
Types of swing point
Weak Swing
• Small candle size
• Small V shape formation
• Time correction high
• Price correction low
Medium Swing
• Medium candle size
• Medium V shape formation
• Time correction medium
• Price correction Medium
Strong Swing
• Big Candle size
• Immediate big V shape (Heavy rejection)
• Time correction low
• Price correction high
Types of Trend Line
Long Term Trend Line (1 Day Chart)
Medium Term Trend Line (15M Chart)
Short Term Trend Line (2M Chart)
Only Follow this 3 time Frame (Don’t make Confusion in the chart)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.