Technical Analysis Fractal Nature

Ishan Jindal Ishan Jindal

Ishan Jindal

发布日期: 2020年12月3日
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Basic thread on How Chart Patterns are Fractal in nature:

-Snowflakes are small very tiny pieces of ice.

-Tiny branches of ice is visible if a snowflake is watched carefully set out in divergent direction.

-A repeating yet divergent pattern is visible in each snowflake.

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Similarly,

I was going through the charts of #ADANIENT just now and I spotted the same pattern on different time frames, attaching the charts below:

1hr Chart:

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Daily Chart:

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-The patterns are exactly same.

-This tells us that whatever trend is selected by us, it is important to analyze the immediate longer and immediate shorter trend.

I hope this information is useful to all my technical analysis enthusiast friends.


Happy trading!



Navodit Sharma

MBA Finance | Analyst at Blackstone COE

4 年

Great work Ishan. Thanks for sharing.

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Prakhar Prakash

Motilal Oswal | SPJIMR PGDM 2023-2025 | Runner Up, SCPC-Henkel DX Hackathon | Centre for Financial Innovation | Ex-Quantitative Trader at SMC Group | DU 2018 | NUS 2019 | Stock Market Enthusiast

4 年

Thank you for sharing. It was really an insightful read.

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Tribhuvan Bisen

Builder @QuantInsider.io | Algorithmic Trading | Quant Finance | Python | GenAI | FRM (Part 2) | Macro-Economics | Investing

4 年

I think charts most of the time fractal but not always. In my view, we should always look for longer trends, and the short term trend for a better understanding of price movement. Btw the article was insightful.

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Zohar Batterywala

Investment

4 年

Thanks for sharing

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Deeksha S. Khanna

Program management | Experiential Learning & Growth

4 年

Great work! :)

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