Art In Chart -Trendline

[vishal7176]

@ RKKarnani Sir


Regarding Two Bar Reversal

Firstly i am sorry ..to post candlestick chart and mention bar reversal ..

(sir about volume i dont know frankly , you are senior u know better it )

second on bar Reversal....

"TWO BAR REVERSAL :- First bar open near the low and closes near high and SECOND bar open near the previous bar close and close near the previous opening ."

(Ref:- T.A. Explained 4th edition -Martin J Pring ,page no-122)


Thank you sir , nexxt time you also guide me time to time ...please

regards

 

[rkkarnani]

@ RKKarnani Sir


Regarding Two Bar Reversal

Firstly i am sorry ..to post candlestick chart and mention bar reversal ..

(sir about volume i dont know frankly , you are senior u know better it )

second on bar Reversal....

"TWO BAR REVERSAL :- First bar open near the low and closes near high and SECOND bar open near the previous bar close and close near the previous opening ."

(Ref:- T.A. Explained 4th edition -Martin J Pring ,page no-122)


Thank you sir , nexxt time you also guide me time to time ...please

regards

For all that matters, you may be senior to me as far as knowledge abt TA is concerned!! Thanks for replying!! I just had a vague thing in mind.. seems I confused it with something else. Moreover my thinking as per plain observation is that on 30th I probably would have agreed that it is a 2 bar reversal but after the high of 30th was broken , I would take it as if the 2Bar reversal is negated!! In this particular case I find that the bars of 30th 31st Jan and 1st Feb are within the Range of the Bar on 27th Jan thus making it an ID NR4 formation!!
Thanks again, I shall try to find time to read up on 2 Bar reversal!!
Cheers!!

 

[vishal7176]

Uploaded with ImageShack.us
Please Read ADD YOUR POSITION AS Below 220


And STOPLOSS AS A 240


Sorry for that



thank you

 

[Sridhar795318]

Thanks Vishal. This is just the kind of thread that I like the most :clap:. Please keep posting.

Nice charts vishal...channels and trendlines are my favorites too...

Btw I think u should shift yr thread to some other category...this is a general feedback slot

Keep posting

Please consider Kavima's suggestion Vishal.