Logscale

Log Scale vs Linear Scale Charts Log Scale vs Linear Scale Charts. Log Scale - It is a type of representation where price is equally distributed in percentage. Linear Scale - It is type of representation where price is equally distributed in terms of price points. There will be no difference in terms of Moving averages, Fibonacci, Horizontal levels if you select any of two option.

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by StockEngineers

Its not a mind less correction Logscale Mindtree will correct more as per log scale . as shown .

Asian Pain - Correcting in wave iv Log scale Asian Paints is correcting in wave iv (of many times lower degree - means its in a wave 3 of many higher degrees) . It would be a screeching buy at at 2500 levels irrespective of the fact what Grasim does . Wait for that buy point . But at present short . Regards

Log Scale- wave iv correction TCS is correcting in wave iv . Kindly see 38.2% correction is pending on log scale and not on arithmetic scale. This 38.2% would only be price correction . It might be wave A of a triangle . Whenever a corrective structure is completed it will be retraced by more than 0.618% for wave B of a flat or a triangle. Regards

$BTC BIG PICTURE Thanks to the parabolic nature of bitcoin, we will use the log chart in order to correctly visualize the cycles. First, a short story: I've seen this pattern drawn back in 2017 , and I was in denial . Not because I thought bitcoin was a dead asset. It was because I had bought bitcoin at $15k, $11k, $7k, $5k - on the way down , not up. So you can imagine my mindset at the time - naïve, new to trading, and I had no idea what I was getting myself in to. My denial was drawn from the fact that ev

Phoenix Mills Support Phoenix Mills taking a good support on log scale and resuming it's uptrend

SUN TV Resistance Previous trendline support may act as resistance. Also watch out for the Inverse Head and Shoulder on weekly scale, a breakout from both will be interesting

Bank Nifty : Rising Wedge (Log Scale)Bank Nifty has formed Dark Cloud Cover candlestick pattern on daily chart which is bearish reversal signal. If we see weekly log scale chart, we find rising wedge pattern formed over a period of 12 years. Significance of the pattern can be gauged from the 3 reversal happened in the same zone in last 3-4 months. 31300-31600 is the upper range of rising wedge at this moment. Market looks more tilted towards risk as compare to reward. Lower range of support for wedge pattern comes at 25800-26200.

by UnknownUnicorn4260559