DatTong
Education

(Review) Definition trend and change of trend ( Trend reversal)

FX:EURUSD   Euro / U.S. Dollar
(Review) Definition trend and change of trend ( Trend reversal)
EX:

Discussion:
Downtrend - Definition
A downtrend comprises a repeating sequence of:
1) A downward extension
2) A swing low
3) An upward pullback
4) A swing high

A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend

Uptrend - Definition
An uptrend comprises a repeating sequence of:
1) An upward extension
2) A swing high
3) A downward pullback
4) A swing low

An uptrend ends when price breaks the swing low which leads to the highest swing high of the trend

EX: Prior analysis ( Downtrend)
- Countertrend

- Reversal trend:

- Downtrend forming=> Sell

- Continuous downtrend


Please support the setup with your likes, comments and by following on TradingView.
Thanks


EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out