Core Concepts
Trend
General direction in which the price of an asset is moving
A trend represents the overall direction of price movement for an asset over a period of time. Trends can be bullish (upward), bearish (downward), or sideways (ranging). Identifying the prevailing trend is fundamental to trading.
✓How to Recognize
- •Sequence of higher highs and higher lows (uptrend)
- •Sequence of lower lows and lower highs (downtrend)
- •General direction of price movement
- •Multiple timeframe confirmation