As market trends, how to look at the trend in the market
How to determine a trend in the market?
There are two basic steps that you can perform by reading a
trend in the market of online trading business, namely:
1. Use a Trend Line
Due to the characteristics of a trend are a move to
'Progressively' developed over time, then by the upward trend can be identified
by the presence of two valleys that spring. In terms of the trend downward is
marked by the presence of a more humble Hill.
The second point of the above, we can draw a trend line. For
a graph of the trend lines do not cross and then he says he's going to the
trend.
2. Use of Indicators
Read the tendency to use technical indicators much easier in
comparison to draw with the trendline. Indicators to identify trends is not a
type of oscillator indicator lines.
How to read the trend indicators are:
If the indicator is below the graph, the trend is bullish (trend rising),on the other hand, if the
indicator is above the graph, then the trend is bearish (downtrend).
How to read the previous trend indicator is the simplest and
most common form.In practice, there are several ways to read the trend of
read-only a single candle until the indicator is more complicated.
But at least with literate trend as above we have the basis
to determine the direction of the trend is going to happen.
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