"Lines indicate movement" is one of the Dow tenet. Lines refers to the trading range formed when the price action moves sideways over a time. It indicates either accumulation or distribution. Upside
break confirms the accumulation and downside break confirms the distribution.
break confirms the accumulation and downside break confirms the distribution.
Comment:
Dow tenet proved.
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Detailed daily index analysis in https://in.tradingview.com/u/vanathi/
Script analysis from Jan 1, 2023 in https://in.tradingview.com/u/vanathi/
Detailed daily index analysis in https://in.tradingview.com/u/vanathi/
Script analysis from Jan 1, 2023 in https://in.tradingview.com/u/vanathi/