Monday, 1 June 2015

MAJOR SWING POINTS ( MAJOR PIVOTS), MAJOR TREND, MAJOR TREND LINES, MAJOR TREND CHANNEL LINES :



MAJOR SWING POINTS- MAJOR PIVOTS : Pivots formed by meeting point of Minor Trends  is called as Major Pivots.

MAJOR TREND : Trend formed by Major Pivots is called as Major Trend.

MAJOR TREND LINE :  Line connecting Major Pivot Lows in Up Trend and Major Pivot Highs in Down Trend  is called as Major Trend Line.

MAJOR TREND CHANNEL LINE :  Line connecting Major Pivot Highs in Up Trend and Major Pivot Lows in Down Trend is called as Major Trend Channel Line.

 

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