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.
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.
Ghi chú
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Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.