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Flashcards in Continuation/Formations Deck (18)
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1

Define RBR

Rally-Base-Rally

2

Define DBD

Drop-Base-Drop

3

Define DBR

Drop-Base-Rally

4

Define RBD

Rally-Base-Drop

5

What is created by a pause in a downward movement and those areas become Supply?

Drop-Base-Drop

6

What pattern created by a pause in an upward movement and those areas become Demand?

Rally-Base-Rally

7

What zone does Rally-Bass-Rally fall under?

Demand

8

What zone does Drop-Base-Drop fall under?

Supply

9

What zone does Drop-Base-Rally fall under?

Demand

10

What zone does Rally-Base-Drop fall under?

Supply

11

What kind of formation is a Drop-Base-Rally?

Valley

12

What kind of formation is a Rally-Base-Drop?

Peak

13

What kind of Pattern/Formation is a Rally-Bass-Rally & Drop-Base-Drop?

Continuation

14

What kind of Pattern/Formation is a Drop-Base-Rally & Rally-Base-Drop?

Reversal

15

Does the base on Reversal Formations have to have more than one candle stick? Yes or No

No

16

How many candlesticks are needed to identify a base in a continuation pattern?

Three or more

17

What kind of pattern/formations does impulse waves creates?

Rally-Base-Rally

18

What kind of pattern/formation do we look for during downtrends & uptrends?

Continuation