Amplitude is used in technical analysis to further verify a retracement direction. Amplitude is the price difference between the midpoints of a chart pattern's trough and peak. It is said that a price will tend to retrace back equal to the length or value of the midpoints in the chart.

Stocks | Forex | Options | Economics | Bonds | History | Language learning | Technology | Technical Analysis | Fundamental Analysis
Copyright © 2014 econtrader | Risk disclosure | Terms of Use