Charts Knowledge Technical Analysis

Chart constructions

In last post in this section,  i introduced you to different types of charts used for analysis and now we will go through some factors that should be considered while constructing charts. Arithmetic versus Logarithmic Scale Charts can be plotted using either arithmetic or Logarithmic scale. Difference would be spotted on Y-axis where there will …

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Charts Knowledge Technical Analysis

Charts

Charts represents the traded price of underlying asset during the time frame under study. Charts can be of many different types but mostly commonly used charts are Bar charts and candlestick charts because it shows complete price action on the assets unlike line graph were only closing prices are represented. Charts also accompanied by Volumes …

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