Podcast
Questions and Answers
Based on the principle of Harmony & Divergence, what is indicated if the price movements on the chart show consistent upward trends?
Based on the principle of Harmony & Divergence, what is indicated if the price movements on the chart show consistent upward trends?
- The price is likely to reverse based on historical patterns.
- The price will stabilize and stop fluctuating.
- The price will remain unchanged in the near future.
- The price is expected to continue the upward trend. (correct)
What might be a sign of a potential price reversal according to the principle of Harmony & Divergence?
What might be a sign of a potential price reversal according to the principle of Harmony & Divergence?
- A series of spikes with no accompanying dips.
- A sudden and sustained drop in the price after a high. (correct)
- Increased volume of trades during an upward trend.
- Extended periods of stability at a high price level.
Which of the following best describes the option 'Continue' in the context of the chart?
Which of the following best describes the option 'Continue' in the context of the chart?
- It indicates a belief that the price will rise further. (correct)
- It represents a cautious approach to buying.
- It suggests immediate sell-off at current price levels.
- It implies that the market is experiencing extreme volatility.
What could signify that the current uptrend may not be sustainable?
What could signify that the current uptrend may not be sustainable?
In the scenario of a price chart showing an uptrend, what does a divergence indicate?
In the scenario of a price chart showing an uptrend, what does a divergence indicate?
Flashcards
Uptrend continuation
Uptrend continuation
The expectation that a current upward trend in price will continue.
Price reversal
Price reversal
The expectation that an upward trend will change direction and move downward.
Harmony & Divergence
Harmony & Divergence
A market analysis principle used to predict potential trend reversals or continuations.
Market prediction
Market prediction
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Chart analysis
Chart analysis
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Study Notes
Trend Analysis
- Based on the principle of Harmony & Divergence, should the uptrend continue or reverse?
- An image of a chart shows a possible uptrend
- Options to choose from include "Reverse" or "Continue"
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