Time Correction and Price Correction Concept
From swing point 1 to swing point 2 how much time it take to reach is time correction,
From swing point 1 to swing point 2 how much deeper price went and come back to swing point 2 is price correction
Types of swing point
Weak Swing
• Small candle size
• Small V shape formation
• Time correction high
• Price correction low
Medium Swing
• Medium candle size
• Medium V shape formation
• Time correction medium
• Price correction Medium
Strong Swing
• Big Candle size
• Immediate big V shape (Heavy rejection)
• Time correction low
• Price correction high
Types of Trend Line
Long Term Trend Line (1 Day Chart)
Medium Term Trend Line (15M Chart)
Short Term Trend Line (2M Chart)
Only Follow this 3 time Frame (Don’t make Confusion in the chart)
From swing point 1 to swing point 2 how much time it take to reach is time correction,
From swing point 1 to swing point 2 how much deeper price went and come back to swing point 2 is price correction
Types of swing point
Weak Swing
• Small candle size
• Small V shape formation
• Time correction high
• Price correction low
Medium Swing
• Medium candle size
• Medium V shape formation
• Time correction medium
• Price correction Medium
Strong Swing
• Big Candle size
• Immediate big V shape (Heavy rejection)
• Time correction low
• Price correction high
Types of Trend Line
Long Term Trend Line (1 Day Chart)
Medium Term Trend Line (15M Chart)
Short Term Trend Line (2M Chart)
Only Follow this 3 time Frame (Don’t make Confusion in the chart)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.