25
PRACTICAL IDENTIFICATION OF CYCLES
Questions
Subjects to Be Covered
Cycles defined
How the timing of cycle peaks indicates strength or weakness
The importance of a confluence of cycles
Integrating cyles with other technical tools
1. Fill in the blank: A c ______ is a recognizable price pattern or movement that occurs with some degree of regularity in a specific time period.
2. True or false: Successive lows that are higher or lower than their predecessor are of great importance in identifying cycles.
A. True
B. False
3. Fill in the blanks: When the cycle high develops shortly after the cycle low, the implications are that the upward part of the cycle is w_____ and that its overall strength lies on the d_____. In this situation, each cycle ...
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