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13 May, 00:08

Chartists advocate thatA) history repeats itself. B) patterns appear that are very clear and distinctive. C) formations are less important than the direction of the latest price movement. D) a breakout below a support line is a buy signal.

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  1. 13 May, 00:32
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    A) history repeats itself.

    Explanation:

    Well Chartists was a movement, which was greatly impact full and active during the period 1838 to 1848.

    It basically concluded that the history repeats, there is a common pattern of each event, which eventually move around a circle, and repeats again.

    Similarly in today's world also the effect and movement is actually valid, as with time the price of a commodity grows and then declines and then again grows.

    As this is all about the moving cycle.
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Home » Business » Chartists advocate thatA) history repeats itself. B) patterns appear that are very clear and distinctive. C) formations are less important than the direction of the latest price movement. D) a breakout below a support line is a buy signal.
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