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Increase Your Win Rate to 90% Using Fan Lines…It’s Not Rocket Science.

  • Writer: Marcus Nikos
    Marcus Nikos
  • Feb 25
  • 1 min read

According to Dow Theory, trends go through three phases, where in a bull market these phases are the:

  • Accumulation phase – when prices rise alongside an increase in volume

  • Public participation (or big move) phase – when retail and average investors begin to notice the upward trend and join in.

  • Excess Phase - when the market reaches a point where experienced investors and traders begin exiting their positions, while the larger average investing population continues to add to their positions.

Before getting into the rules for Fan Lines, let’s first define the uptrend.

An uptrend is an overall move higher in the price, driven by higher highs, followed by higher lows. When drawing an uptrend line on a chart, your objective is to connect as many of the lows as you can and project up and out on the chart.


 
 
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