Podcast
Questions and Answers
What principle is used to determine the expectations of price movements in this context?
What principle is used to determine the expectations of price movements in this context?
- Harmony & Divergence (correct)
- Stability & Transition
- Balance & Convergence
- Flow & Resistance
What are the two possible outcomes regarding the price trend discussed?
What are the two possible outcomes regarding the price trend discussed?
- Reverse or Stop
- Reverse or Continue (correct)
- Continue or Halt
- Expand or Contract
Which statement reflects a potential expectation based on the principle of Harmony & Divergence?
Which statement reflects a potential expectation based on the principle of Harmony & Divergence?
- The trend is guaranteed to decrease.
- The trend will most certainly reverse.
- The trend can either reverse or continue higher. (correct)
- The trend is likely to become stagnant.
In the context of price movements, which term is associated with a shift towards lower prices?
In the context of price movements, which term is associated with a shift towards lower prices?
Which option best describes the analysis of ongoing price trends?
Which option best describes the analysis of ongoing price trends?
Flashcards
Expected price movement
Expected price movement
The anticipated direction of price movement (up or down) based on previously observed trends and market conditions.
Uptrend continuation
Uptrend continuation
The price will continue to move upwards.
Trend reversal
Trend reversal
The price will move in the opposite direction of the current trend.
Harmony & Divergence
Harmony & Divergence
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Possible outcomes
Possible outcomes
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Study Notes
Law 3: Effort vs. Result
- Examining a chart for a possible price trend reversal using principles of Harmony and Divergence
- The uptrend is being analyzed to determine if it will continue higher or reverse and move lower.
- Based on the chart, the user is asked to choose between two options: "Reverse" or "Continue".
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Description
Test your understanding of price trend reversals using Harmony and Divergence principles. Analyze the provided chart and decide if the uptrend will continue or reverse. Choose wisely between 'Reverse' or 'Continue'.
