The basis of the technical analysis is the trend. It is a price movement in a certain direction.
Upward trend:
Trend down:
Between trends, the price likes to relax in the lateral movement, when the trend itself is absent:
Wavelike trends.
Unfortunately, if the trends were straight as an arrow, your cat would be able to earn. However, trends rarely go straight. Usually, this is a combination of the highest and lowest levels, of which the trend consists. For example, an upward trend can often be broken down into such micro waves:
In reality, the waves, of course, are not as beautiful as on the scheme, and in a smooth beautiful trend price moves rarely (although, sometimes, it happens).
The next post will be about the duration of trends.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.