๐Ÿ“ˆ Some words about the TRAND ๐Ÿ“‰

Hello, my cleaver friends!๐Ÿ‘Š๐Ÿป It's time to self-educate! ๐Ÿ’ช๐ŸปLet's talk about ๐Ÿ“ˆ Trend / Flat ๐Ÿ“‰

๐Ÿ’ฅTrend is the direction of market movement.๐Ÿ’ฅ

By tracking dynamics of โ˜๐Ÿปups and ๐Ÿ‘‡๐Ÿปdowns, we can understand what is the trend of price movement and how long it's going to change.๐Ÿง

Price moves in one direction - is the basis for trend analysis.

There are three 3๏ธโƒฃ types of trend :

๐Ÿคœ๐ŸปBullish trend - prices are moving up.๐Ÿƒ

The main condition for a bull trend is ascending movement more than descending movement (the definition of "bullish" arose by analogy with a bull raising the price on its horns)

๐Ÿคœ๐ŸปBearish trend - prices are moving down.๐Ÿป

The basic condition of a bearish trend is a descending movement than an ascending movement (a bear, as it were, crushes the price under itself, leaning on it from top to bottom with its entire body - hence the โ€œbearish trendโ€)

๐Ÿคœ๐ŸปSideway - there is no definite direction of price movement either up or down.

Such movement is called flat; a long flat is a harbinger of a price storm in the market - a strong price movement in one direction or another.


As a rule, prices do not move linearly up or down. However, in a bullish trend, prices are rising more and faster than falling.

The same thing, exactly the opposite, happens with a bearish trend. But bearish movements are always more rapid and powerful. This is usually associated with panic sales in the markets.


๐Ÿ’ฅBasic rules of price movement in trends:๐Ÿ’ฅ

๐Ÿคœ๐ŸปThe golden rule!!! The current trend is more likely will continue, than change direction ;
๐Ÿคœ๐ŸปThe trend will move in the same direction until it weakens.

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My previous ideas๐Ÿ‘‡๐Ÿป๐Ÿ‘‡๐Ÿป๐Ÿ‘‡๐Ÿป
 ๐ŸŒ€ Cycle Theory and  Wave Analysis ๐ŸŒŠ

๐Ÿ’๐Ÿปโ€โ™€๏ธThe resistance and support lines๐Ÿคท๐Ÿปโ€โ™€๏ธ

 ๐Ÿ”ฐChannel is an element of technical analysis๐Ÿ”ฐ

 ๐Ÿ‘จ๐Ÿปโ€๐ŸŽ“ The Fibonacci levels ๐Ÿ‘จ๐Ÿปโ€๐ŸŽ“

Briefly about Accumulation and Distribution๐Ÿ‘ฉ๐Ÿปโ€๐ŸŽ“


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