In this lesson of Module 4, Workshop 11, we will discuss the concept of Momentum Slope Analysis.
To analyze the Strength and Weaknesses of an established uptrend, we compare the slope of the last two dynamic support lines.
In the Momentum slope Analysis of an established downtrend, Compare the slope of the last two dynamic resistance lines.
In this lesson of Module 4, Workshop 10, we will discuss the application of Momentum Range Analysis.
As you have seen in the previous module, the interconversion of sideways to trend and vise versa is a gradual phenomenon and many traders miss recognizing these smooth transitions in real-time.
By using the momentum to analyze the Strength and Weakness of the “Trend”, you can get an early indication of when a trend is forming and when it is at the late stage and lost its momentum.