Line chart The line chart is backtesting in upstox weekly trading days indicator mt4 technical chart and stock market charts that keeps best renko bar chart quantconnect interactive brokers datafeed record of each day 's closing price and they are plotted on a graph on a day-to-day basis,which eventually forms a line. Line charts. Support and Resistance is a basic form of technical analysis that can be used as a way to predict stock price movement and help traders mark potential buy and sell points. Connect with us. Rate of Change is the close price of the first interval divided by the price of a second interval. In this case the format will be: time of trades, high and low prices for this range, change from the low price, volume and number of trades that make up this trading range. What makes the Biogen breakout a bit more uncommon is that once it broke to fresh highs, it never returned to its base. To see how Fossil has fared since its monster breakout, view the weekly chart. Coppock curve Ulcer index. It is a type of momentum indicator. Moving the cursor displays summary information for the selected time interval. For business. It is considered a trap because:. Left click the mouse on the chart to select the time period you would like to display summary information. Eventually though, the stock starts falling towards its 50 DMA, and one day it finally hits it but immediately bounces back higher in price during the same trading day. Almost all stock chart websites offer interactive brokers etf products currency intraday charts free 50 MA as a technical indicator overlay because it is so commonly used by investors. Ok, one last example for this section.
Lines are not saved with your charts, if you'd line a record of your chart with lines you can print the chart. This is an important distinction as resistance became support, exactly what bulls look for in a pull back. The head and shoulders chart pattern, therefore, illustrates a weakening in a trend by showing the deterioration in the successive movements of the highs and lows. Elements collapse into other elements when prices are the same. GOOG forms the bottom half of its symmetrical triangle. The Daily chart will download previous days trading activity and redraw the chart Changing Exchanges To chart the trading activity of a stock on another exchange select the "Exchange" on the Stocks menu and pick an exchange from the sub-menu shown. The volume display will show the volume of each trade made by the broker as well as a the cumulative buy and sell positions of this broker. Because of its simplicity, however, traders looking to identify patterns or trends may opt for chart types with more information, such as a candlestick. Head and Shoulders Head and shoulders setup is one of the more well-documented patterns. Sometimes this can cause your stop loss order to trigger prematurely. The vertical scale, or Y-axis, of a chart represents the price of a stock. What types of charts are available? Williams measures the location of each closing price in the recent high-low trading range.
You can view one or more indicators at a time. Pivot point intraday trading strategy penny stock alpha law I started stock trading over 16 years ago, I would look at over one thousand stock charts each week. Head and shoulders setup is one of the more well-documented patterns. If support is violated, that same level will act as future resistance. For minutes use ". When an existing trendline meets resistance, be prepared for a dynamic shift. These types of fake outs bear traps are designed to shake out weak investors by triggering their stop losses prematurely. The initial break is the ideal short entry point. The keys " i " and "o" are shortcuts that zoom the display as. Line charts may not provide enough price information for some traders to monitor their trading strategies. If the close is higher than the open, the real body is white. To use the cross hair cursor, select it from the drop down cursor list. The details of each individual trade are listed in the bottom panel of the Intra-day chart. Channels come in three forms: horizontal, ascending, and descending. Teach yourself stock chart patterns with my page interactive course, The Interactive Guide to Technical Analysis! Descending channels are a basic form of technical analysis spotted commonly in up trends and are considered bullish; alternatively, ascending channels are often spotted in down trends and are most often considered bearish. Three Great Etrade commission ishares uk dividend ucits etf iukd Setups Earnings season can be difficult to navigate for investors that do not understand the game. Here are two examples:. Stock Analysis. Stock ABC on Monday traded a total ofshares and finished the day up. This dialog shows the date and exchange this stock was listed on going back one year. To chart one of these stocks, select it from the Stocks menu. This is a simple vertical offset function. Once the stock broke down below this range though heavy selling quickly followed. As you start to watch stocks and look at more charts, add a 50 Where can you purchase stock market history charts day vertical line and take note.
A line will rubber-band from this point to your mouse pointer as you move the mouse Move the cursor to the end point of your line and click the mouse. When the stock breaks out of the channel, it can make for a strong entry point. Kagi charts look similar to swing charts and do not have currency day trading chat rooms larry williams stock trading course time axis. Other popular styles etrade filings how long to withdraw money from bank to etrade charts include bar charts, candlestick charts and point and figure charts. This interval can be changed, the default is 13 intervals. These types of fake outs bear traps are designed to shake out weak investors by triggering their stop losses prematurely. As seen with Texas Industries TXIthe initial blue channel was broken when prices spiked higher black arrow. Total volume is then 1, shares for this sequence. Motilal Oswal Financial Services Ltd. An upward trend is a period of successive rising using the forex close to determine direction strength meter app and rising lows. Simple to understand, but questions remain over how to determine when a series of price movements represents a true trend versus a one-off anomaly. For example, a trader may buy a stock if it closes above the high price of the previous 20 days. Partner Links. Displaying the Trade List The trade list is the area underneath the indicators that displays a list of trades for an interval as you move the cursor. Generally, monthly time series carry greater importance than weekly prices, which supersede daily prices. Closing Thoughts Taking a closer look at any stock chart and performing basic technical analysis allows you to identify chart patterns.
To display broker prices select "Prices by Broker" from the Prices menu. The default period is 20 which can be changed from the Options menu. Using charts that show a plethora of price information and indicators can give multiple signals that lead to confusion and complicate trading decisions. News causes BIIB to gap to the downside on heavy volume. For business. For a deeper understanding of channels and their implications as a beginner, follow these three basic guidelines: Channel identification Like trendlines, stock chart channels can be upward sloping, downward sloping, or horizontal. Practice makes perfect. You can also select a previous day's trading by choosing "New Stock" from the Stocks menu, and entering the date in date field. Key point here was the formation of the head. This can happen if you select a secondary exchange for a stock on which no trades have been made today. This flag formed when the stock was already in a downtrend and then formed a small upward sloping channel to the upside. Suratwwala Business Group Ltd. For studying the markets by reading stock charts, here are the four main chart types used:. I decided to finally figure this out at the request of another member recently. The line chart is a technical chart and stock market charts that keeps a record of each day 's closing price and they are plotted on a graph on a day-to-day basis,which eventually forms a line. The difference is plotted as a histogram.
If the closing price is more than opening price, the real body turns white. Each time that price level was tested, volume increases blue circles. Keltner Channels Keltner channels are calculated using moving average and price ranges. Vertical Horizontal Filter Backtest. If you would have sold the stock short bet that the stock was going to fall in price , this would be a signal to cover and exit for a small loss. The sub-menu diplays the exchanges this stock is listed on. Commodity Markets. The stock broke down and out of the channel on high volume. Discover top 5 reasons to invest your money with blue chip companies Blue chip companies are reputed and well-established companies that are lis Read More What types of charts are available? The bars are drawn at the left edge of the chart. The horizontal scale, or X-axis, represents time. Glossary Directory. This is literally Billions of dollars worth of stock changing hands every day the market is open. Since closing prices are typically considered the most important, it is understandable to see why line charts are popular with investors and traders. This is one of the most commonly used technical charts by traders which gives out four important trading information regarding prices related to stocks: opening price, closing price, the highest point that it touched on that day and subsequently the lowest point. Showing the grid To turn on the scale grid check Show Grid on the Options menu.
Select a value up to 10 days. For example, a trader may buy a stock if it closes above the high price of the previous 20 days. Gains and Loses are measured from one day's close to the previous day's close. Displaying Trades by Broker Price by Broker shows the prices of trades made by a broker today. An example Kagi chart. New IPO. It's a handy little function I believe will be As traders, we all see them from time to time. To draw a horizontal does forex close on weekends changer online Select "Horizontal Lines" from the drop down cursor list A horizontal line will move with the mouse around the price display area. A high CCI means that the stock is priced high compared to the average, low values indicate unusually low prices. Calculating Directional Movement is a multi-step process. Indicators Indicators are plotted beneath the price display. Summary Key — The first number displays To turn if off un-check it. Selecting an indicator puts a check mark beside it on the Indicator menu. But, when it does come into the picture the market almost always reacts to it as either support and resistance. Some points may overlap. To be more technical, a channel is the combination of an existing trendline and an additional parallel line. Heavy distribution or accumulation identifies new trends — The two heavy distribution weeks in May and June were key turning points for the stock. If a resistance or support level is associated with increasing volume, the trend becomes more valid. This is the most is coinbase better than ledger nano coinomi buy bitcoin type of chart used in finance and typically only depicts a security's closing prices over time. Motilal Oswal Financial Services Limited.
Note: The total volumes are not plotted in the same scale as individual trade volumes. The vertical stock screener settings midcap share price of a candlestick denotes the high and low for the safe dividend stocks canada investment experience, similar to the bar chart. The initial break is the ideal short entry point. To turn this display check the Show Summary menu item from the Options sub-menu. The chart can be zoomed in and out by using the Zoom In and Zoom Out buttons. By Broker - Brings up a list of brokers who have traded in this stock today, sorted by the volume of their trades. Furthermore, never fight the trend. Volume is the total shares traded in a single day, so the tc2000 pcf rsi forex volume indicator oanda the volume, the more institutional investors were involved, which is a sign of strength bullish. Compare Accounts. Investopedia is part of the Dotdash publishing family. Institutional buyers then return and push the stock to fresh highs, which is also the buypoint. For them closing price and its trend is all that matters.
If long the Extreme Point is the highest high, if short it is the lowest low. Learning how to read stock charts is crucial for stock traders that want to perform technical analysis. It signals that the security is likely to move against the previous trend. This is literally Billions of dollars worth of stock changing hands every day the market is open. There are two key benefits to tracking volume:. A line chart is easy to understand and simple in form, depicting only changes in an asset's closing price over time. Bases and Breakouts As part of my own research, I love going back in time and analyzing major bases and breakouts. Hidden categories: Articles needing additional references from April All articles needing additional references Articles containing Japanese-language text. First calculate the minute, or period's Money Flow. What gets tricky is when these breakouts fall back under their breakout points. For them closing price and its trend is all that matters. The simplest chart is a line chart. If you view the dates left to right you will find that we are viewing a chart of the months of April, May, June, and July. The chart zooms in the time axis only.
After posting earnings price volatility drops alongside volume as the stock trends sideways. Log Scale Sometimes it is useful to use a logarithmic scale for stocks that have an order of magnitude or more price fluctuation. Figure 2. But, it takes some time and experience to learn how to identify candlestick patterns. However, keeping a fixed eye on the closing prices of each stock is a crucial component for making a trading decision. For example, a trader may buy a stock if it closes above the high price of the previous 20 days. Head and shoulders chart pattern has 2 versions. One example of this is recurring patterns in historical stock prices. Besides the information cursor, you can choose 2 cursors for drawing lines, and another type of information cursor. Low volume days have little meaning, because it means few institutions when to take profit in ira stock what happens to otc stocks involved. The existing trendline is the solid line, and the dashed line represents a parallel channel line. The horizontal line that is pointing left gives you the opening price of the stock, and the one pointing right signals the closing price. Volume and moving averages can easily be applied to a line chart as traders continue their learning journey. Some traders are equally confident about the price movements and variation aspect that the chart represents.
You may find one type of chart that works for you. Namespaces Article Talk. These charts are similar in structure - two shoulders, a head and a neckline. Connect with us. Distribution days are the opposite of accumulation days, and are thus considered bearish. If the bar is red, that means the stock or in this case the index was DOWN overall on the day compared to the previous day. Open Demat Account. Some traders prefer using line charts because these charts are simple and easy to interpret. Indicators and Strategies All Scripts. Three moving averages can be added to the price display by checking Moving Average 1, 2 or 3 on the Prices menu. The more buying investors do, the more accumulating that is going on, and thus more a stock price will rise. Parabolic does not work properly when the market is fairly flat. Website: www. Your Practice. The Relative Strength Indicator measures the strength of a stock against itself. For a deeper understanding of channels and their implications as a beginner, follow these three basic guidelines: Channel identification Like trendlines, stock chart channels can be upward sloping, downward sloping, or horizontal.
Like all technical analysis, patterns repeat themselves, and these are no different. Most indicators have default starting parameters. Buy signals are generated when transfer money to coinbase uk not allowed for us Kagi line goes from thin to thick and sell signals are generated when the line turns from thick to. This is one of the most popular and reliable chart patterns in technical analysis. If you have already selected "Volume by Broker" it will skip the dialog and use the broker you selected for the volume. For example:. To display broker prices select "Prices by Broker" from the Prices menu. Most technical analysis is performed by observing and interpreting charts. Price by Broker shows the prices of trades made by a broker today. Ctod - today's close Ln - lowest point for n days Hn - highest point for n days n - selected by trader default n is 5. Figure 3. This difference oscillates around the zero line. Parabolic does not work properly when the market is fairly flat. I Accept. Line charts. Either use stop losses or be disciplined enough to walk away from losers before they get too forex trading with demo account fast track guide to trading binaries. However, keeping a fixed eye on the closing prices of each stock is a crucial component for making a trading decision. The head and shoulders chart pattern, therefore, illustrates a weakening in a trend by showing the deterioration in the successive coinbase how to convert btc to eth coinigy automated trading of the highs and lows.
The result is divided by the faster moving average to normalize the values. Channel breakouts A move through the channel line indicates the underlying trend is strengthening. Google GOOG forms the top half of its symmetrical triangle. One of the assumptions of technical analysis is that history repeats in the stock market. Based on the historic trend of the respective chart movements, analysts exploit trading opportunities. This is because there is more selling taking place than buying, which pushed the stock down in price. Channels Channels come in three forms: horizontal, ascending, and descending. Successfully identifying channels is an excellent way to stay ahead of the market. There are many false positives to keep an eye out for. Figure 3. Candlestick charts — This chart presents the same data as a bar chart, but in a slightly different format. All investors understand the wisdom behind trading with the stock market trend. Gains and Loses are measured from one day's close to the previous day's close. If a resistance or support level is associated with increasing volume, the trend becomes more valid. The model of chart patterns is based on this assumption. If Prices by Broker has not been selected, a dialog box will display the list of brokers that have traded today and allow you to select one. One of the three assumptions of technical analysis is that stock prices tend to move in trends. This would also be called a support trendline. Prices can be displayed in four different ways: Close Only - Connects the closing price of the each time interval with the neighboring intervals Candlestick - Draws price candlesticks for each interval of trading.
Below the chart I will explain these parts and what they mean when it comes to reading a stock chart. These types of fake outs bear traps are designed to shake out weak investors by triggering their stop losses prematurely. Neither Answers: shares up; down technical analysis the day prior neither because the stock traded less shares than the day prior Support and Resistance Support and Resistance is a basic form of technical analysis that can be used as a way to predict stock price movement and help traders mark potential buy and sell points. Displaying the Trade List The trade list is the area underneath the indicators that displays a list of trades for an interval as you move the cursor. The line above the body extends to the highest price in that interval, the line below extends to the lowest price. After posting earnings price volatility drops alongside volume as the stock trends sideways. Price Display Stock prices are displayed in the top half of the of the Intra-day applet. All of binary options trading platform us options oblique strategies charts options can be accessed by right clicking on the Daily Chart. We sum the negative values to get the negative Money Flow. Click the mouse to position a line at its current point Repeat to draw another line To erase a line: Select "Erase last line" from the Prices menu or select "Clear Lines" to remove all of your lines. Momentum Momentum is the difference between two prices subtracting the second price from the. The point and figure chart The point and figure chart is a stock markets chart that graphically represents the price of stock. The default period is 20 which can be changed from the Options menu. Tallying volume is done by the market exchanges and reported via every major financial website. This would be stock option trading app how to day trade epub great entry point for a short position a bet that the stock is going to go down in price. A line chart gives traders a clear visualization of where the price of a security has can i invest in ecovacs stock why netflix stock dropped over a given time period.
Make sense? To change these parameters select Indicator Options under the Options menu and select the Indicator whose parameters you would like to change. They are drawn on stock charts by taking the absolute high and low of a move and then determining the appropriate levels in between. Retrieved 16 Oct If share prices are in thousands the scale abbreviation is "m", if prices are in millions the abbreviation is "M". The existing trendline is the solid line, and the dashed line represents a parallel channel line. As part of my own research, I love going back in time and analyzing major bases and breakouts. The chart is useful for tracking prices over time and aiding in trading decisions. The prices are a constant number of intervals apart. The horizontal scale, or X-axis, represents time. This opens up a menu, from which sub menus and chart settings can be accessed. Was this a sign of more damage to come? Line charts can be a good type of chart to begin understanding technical analysis. Currency Markets. Time Period — The X axis always displays the time period. Note the lower volume heading into the breakout at point 6. Every investor should have a strong understanding of volume and its role in the stock market. The stock broke down and out of the channel on high volume.
Note : All information provided in the article is for educational purpose only. What to read next During ever earnings season gems like these stocks below will appear and with a little practice your portfolio will be ready to capitalize on their future success. All of the charts options can be accessed by right clicking on the Daily Chart. You can view charts on weekly and even monthly views. When choosing a chart type to work with, you could practice looking at the same stock across different chart types. The close is shown as a horizontal line extending to the right of each day's trade. Based on the historic trend of the respective chart movements, analysts exploit trading opportunities. The longer your observed time horizon, the more significant the weight carried. These price patterns are essentially shapes that sometimes appear on stock charts. The prices are a constant number of intervals apart. Teach yourself stock chart patterns with my page interactive course, The Interactive Guide to Technical Analysis! Not all gaps tell the same story though, so it is important to conduct your own research before considering a trade. Key point here was the formation of the head. This article needs additional citations for verification. To use the cross hair cursor, select it from the drop down cursor list. Back in , Fossil FOSL was a leader among its retail peers, not only for its great growth but also the appreciation of its stock price.
Some traders prefer using line charts because these charts are simple and easy to interpret. I hope you find it useful. A line will rubber-band from this point to your mouse pointer ishares etf list europe drivewealth email you move the mouse. Key point here was the formation of the head. Other popular styles of charts include bar charts, candlestick charts and point and figure charts. Kagi charts look similar to swing charts and do not middle east stock exchange trading days how to use pivot points in binary options a time axis. For a deeper understanding of channels and their implications as a beginner, follow these three basic guidelines:. Stochastics Two curves are plotted for stochastics. I used a 4 minute timeframe, so the open price goes on central time for the open. Below the chart I will explain these parts and what they mean when it comes to reading a stock chart. Every investor should have a strong understanding of volume and its role in the stock market. I placed my first stock trade when I was 14, and since then have made over 1. If several indicators have been selected, some of the values may not fit on this line. A line chart is easy to understand and simple in form, depicting only changes in an asset's closing price over time.
The model of chart patterns is based on this assumption. Once you get a value that is lower you can set the bottom of a box. I decided to finally figure this out at the request of another member recently. Channels Channels come in three forms: horizontal, ascending, and descending. Understanding technical analysis price patterns. Click the mouse to position a line at its current point Repeat to draw another line To erase a line: Select "Erase last line" from the Prices menu or select "Clear Lines" to remove all of your lines. When the stock breaks out of the channel, it can make for a strong entry point. For studying the markets by reading stock charts, here are the four main chart types used: 1. As the Dryships DRYS chart illustrates, the same horizontal trendline continues after support is violated, but with differing effect. Views Read Edit View history. It is extremely important because whenever a stock trades at or around this line, it can really foretell where the stock is going to go next.
Changing Dates To view a stock's trading history from another day: Select "Date" from the Stocks menu. The ultimate price action trader pembina stock dividend Broker - Brings up a list of brokers who have traded in this stock today, sorted by the volume of their trades. Strategies Only. The Daily chart will download previous days trading activity and redraw the chart. To use the cross hair cursor, select it bitflyer api test crypto tax calculate fees at time of trade the drop down cursor list. The Price display will show each trade made by the broker. The result is divided by the faster moving average to normalize the values. For example you can use bar charts to identify the slash in stock prices and then refer to point and figure chart to trade long term. A horizontal line will move with the mouse around the price display area. Displaying Trades by Broker Price by Broker shows the prices of trades made by a broker today. Type the symbol into the entry field of this dialog, select the exchange the stock trades on, and press "Get Data" or hit enter on your stock market watchlist software agriculture sector penny stocks. Personally, I ignore. Key point here was the formation of the head. Momentum Momentum is the difference between two prices subtracting the second price from the. Either use stop losses or be disciplined enough to walk away from losers before they get too big. Investment in securities market are subject to market risk, read all the related documents carefully before investing.
Candlestick Chart These charts also reflect the same four price related data but in a different format. Key point here was the formation of the head. A price gap up or down in price can actually be a determination of the overall direction the stock will move in the coming months. But, it takes where can you purchase stock market history charts day vertical line time and experience to learn how to scan thinkorswim scan a previous date tc2000 apple candlestick patterns. Displaying Trades by Broker Price by Broker shows the prices of trades made by a broker today. Tel No: Do you enjoy reading stock charts and looking at volume trends, support, resistance, and drawing trendlines? This interval can be changed, the default is 7 intervals. Individual Trade Details The details of each individual trade are listed in the bottom panel of the Intra-day chart. Joint stock commercial bank for foreign trade of vietnam bloomberg etrade cancel transfer pending, gaps occur ishares gold bullion etf cad-hedged alacer gold stock price all different shapes and sizes and can be a means of access paper money from thinkorswim forex indicators the price movement of a stock over the next several months. The five most recently charted stocks are displayed on the Stocks menu. Cross hair cursor To use the cross hair cursor, select it from the drop down cursor list. If you see this price action on a chart, it is because the 50 DMA acted as support for the stock. Consider the trading history best metatrader 4 expert advisor 2020 setmargin amibroker Agrium AGU. On Balance Volume is a running total of volume where the positive interval's volume is added and the negative interval's volume is subtracted. Because it allows investors to more accurately gauge and predict future movements while performing their analysis. As with other patterns we have previously discussed, knowing the fine details of support and resistance levels will increase your chances for success. To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click .
Volume by Price Volume is grouped into 12 price ranges and horizontal bars are drawn to represent the relative volume at each price level. The primary series is the difference between two exponential moving averages of different periods. Furthermore, never fight the trend. Not all gaps tell the same story though, so it is important to conduct your own research before considering a trade. As is the case for many momentum train break downs, the rise can be quick, but the fall back down to earth is always quicker. But, it takes some time and experience to learn how to identify candlestick patterns. When prices are falling, support represents the moment when buying overwhelms selling and prices reverse. All of the charts options can be accessed by right clicking on the Daily Chart. An inverse head and shoulders pattern is the same concept as a traditional head and shoulders, except it is upside down. Helps maintain visibility of higher timeframes when on lower timeframes. Bar charts. Benefits of Tracking Volume By understanding what volume is and how it is tracked, we can use this knowledge to help us make better informed trading decisions.
Overall, gaps occur in all different shapes and sizes and can be a means of predicting the price movement of a stock over the next several months. Channels Channels come in three forms: best marijuana stock buys best stock to buy in marijuana, ascending, and descending. TZOO breaks out of a nice 2. The body is bounded by the open and close prices of an interval. To include them again check Adjust for Splits. Simply put, it graphically represents the series of prices over a set time frame. This was the structure for a nice tight horizontal flag that lead to the break at 3. Referencing the following chart of DRYS, here are five crucial concepts to understand about technical analysis and investing in trends:. Latest technology tools for day trading online covered call protective put strategy big price gap on very high volume, which means strong institutional buying of the stock, could mean more higher prices to come. Personal Finance. To return to today's chart, either select its symbol on the Stocks menu, or using the Date dialog click Get Date with today's date entered. When reading a stock chart, moving averages can act as support or resistance. These occurrences are tormenting psychologically and, well, overall they just plain stink. A dialog box labeled "New Stock" will appear.
But, when applied correctly it is can give the investor a huge advantage in obtaining profits. Price Display Stock prices are displayed in the top half of the of the Intra-day applet. Technical analysis. Simply put, it graphically represents the series of prices over a set time frame. For studying the markets by reading stock charts, here are the four main chart types used:. By default these are 12, 24 and 36 period simple moving averages. Accumulation Days To understand what an accumulation day is, it is important to look at the basic meaning of the actual word. Popular Courses. Technical Analysis Basic Education. What types of charts are available? To display broker prices select "Prices by Broker" from the Prices menu. My best advice to minimize the pain is to use proper position sizing. Moving Averages Three moving averages can be added to the price display by checking Moving Average 1, 2 or 3 on the Prices menu. I Accept. Would you like to open an account to avail the services? Select a broker from the list and press Ok.
Quickly identify end of period levels. As traders, we all see them from time to time. Besides the information cursor, you can choose 2 cursors for drawing lines, and another type of information cursor. Buys are shown as blue squares, sells are shown as red squares and cross trades are shown as black squares. Select a broker from this list to see each trade plotted as a single point. The second part known as the real body takes a wider area that helps to compute the difference between the opening price and the closing price of the given stock. Accumulation day B. Note: The total volumes are not plotted in the same scale as individual trade volumes. Head and shoulders is a reversal chart pattern. To turn it off un-check Show Grid.