EDUCATION _Types of Trend. Wavelike trends.
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.
Note
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Disclaimer
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.