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)
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.