Finding Trends in the market is a tool needed to stay on the right side of the trade.
Here I attempt to help you out by giving some tips that I have found through my 7 years of looking at the charts.
I have noticed that while the focus is on the avg close of the markets that isn't where trends take place in fact aiming for the avg is a good way to continuously...
Many traders like to define a trend as a series of higher highs and higher lows , or a series of lower highs and lower lows .
In the chart, the price initially is in a down trend as indicated by the series of lower highs and lower lows .
First indication of a reversal is a break of the trend line.
The second and more important indication is the breach of...