how many types of market trends? The trend is your friend?

on

 How many types of markets are in trend?

๐Ÿ‘‰Hindi

 There are 3 types of trends in the market.

  1.  Uptrend
  2.  Downtrend
  3.  Sideways

 You must be thinking about how will we recognize the uptrend, downtrend, and sideways? We will go about the three trends one by one. First of all, we will know about Uptrend.


Uptrend:

Uptrend simply means that the market goes in an upward direction.  But the market never goes straight upwards like a line.  So how do we know that the uptrend is there?  You can find 3 ways for that too.

  • higher high higher low
  • trendline
  • moving average

higher high higher low

We know through the chart. How can we get higher HH (higher high) and HL (higher low) in the chart that you will understand by looking at the chart?


trendline

There is a trend line in the Uptrend that takes the price support and the Uptrend starts.  You will understand by looking at the chart.


moving average

There is a moving average in the Uptrend.  Where the price is taken care of and the uptrend starts.  You will understand by looking at the chart.


Downtrend:

A downtrend simply means that the market goes in the direction of down.  But the market never goes directly towards down like a line.  So how do we know that there is a downtrend?  You can also find out 3 ways for this.

  • lower highs and lower lows
  • trendline
  • moving average

lower highs and lower lows

We know through the chart.  How do we lower the lower highs and lower lows to LH (lower highs) and LL (lower lows) in the chart that you will understand by looking at the chart?


trendline

There is a trend line in a downtrend.  Where the price resistance takes place and the downtrend starts.  You will understand by looking at the chart.

 moving average

 There is a moving average in the downtrend.  Where the price resistance takes place and the downtrend starts.  You will understand by looking at the chart.


 Sideways:

The market operates in a range on the sideways. You will understand by looking at the chart


The trend is your friend? 

The trend of the market is dependent on the market and if you short the market then you will lose, that is to say, make the trend of the market a friend, ie the market is in trend.  With this, the chances of let's loss will be greatly reduced.  There are only three trends in the market.  Uptrend, downtrend, or sideways

 Uptrend

 Do not short in the market until you see resistance.

 Downtrend

 Do not buy in the market until you see a strong support

 Sideways

 Make a range in the market and sell at resistance and buy on support.

Comments

Post a Comment