very typical example on trending in my strategy ...
1 - when chart started to go upside it broke descending trend line but couldnt passing out of a pivot point .....so ....chart return to falling
2 - after chart couldnt pass of a pivot it started to falling and after broke ascending tl it also has passed out of a pivot point
result :
after breakout of a tl and passing out of pivot point in my idea trend is downtrend now...
wish be useful .....good luck
1 - when chart started to go upside it broke descending trend line but couldnt passing out of a pivot point .....so ....chart return to falling
2 - after chart couldnt pass of a pivot it started to falling and after broke ascending tl it also has passed out of a pivot point
result :
after breakout of a tl and passing out of pivot point in my idea trend is downtrend now...
wish be useful .....good luck
Comment:
and now we can see result of analysis about breakout of descending tl and passing out of pivot point ..for the next week i am waiting for falling
