Dow theory - 3 kinds of trend
1. Primary trend (9months to 2 years)
2. Secondary trend (6 weeks to 9 months)
3. Minor trend (few days to few weeks)
> Black line is the primary trend
> Green lines are an example of a secondary trend.
> Blue lines are minor trend.
Always trade with harmony of a primary trend.
Note : only for learning.
2. Secondary trend (6 weeks to 9 months)
3. Minor trend (few days to few weeks)
> Black line is the primary trend
> Green lines are an example of a secondary trend.
> Blue lines are minor trend.
Always trade with harmony of a primary trend.
Note : only for learning.
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