Images on Pattern/ Trends/ Trade setups(very imp for trader)
Posted: Sun Feb 01, 2015 5:14 am
How to read BAR CHART of High, Low & Close.
MY SIMPLE METHOD...
If Close Price near to Low then BEARISH.
If Close Price near to High then BULLISH.
Make use of attached image of Tug Of War between Buyers & Sellers.
Please consider black line as distance between 2 teams. And "X" is center point and its movement of "X" from center will decide about Winning Team