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TREND
3
- ASCENDING
- DESCENDING
- SIDEWAYS
()UPTREND
(
) HIGHER HIGHS AND HIGHER LOWS
()DOWNTREND
LOWER HIGHS AND
LOWER LOWS
()SIDEWAYS
()TRENDLINE
(
) ( )
.
(
) ( )
.
% 3%- 1
% 1
% 3
-
-
( horizontal
(support and resistance levels
3
-
-
-
45
45
()1*1
45
1
2
( )MOVING AVERAGE
( )
( - - )
MAJOR TREND
( )
(
) ( )
MULTI PIVOT
TRENDLINE ( )
()INTERNAL TRENDLINE
(
)
()FAN PRINCIPLE
FULL PEAK&FULL LOW
MINOR PEAK& MINOR LOW
()
3
first indication of 1
a trend change
2
A
Price tests a recent low. The recent low is at point A and the test is at (
Point 2.point2 can be below point A but it must be clear that price is
)moving up not continuing down
B 3
A,2
Price closes above a recent high. I show the high as point B and price (
completes the 1-2-3 trend change method when rises above B at point
)3. The high (point B) should be between points A and 2
()PRICE CHANEL
3
2 4 1 3
4
13 5 2 4
:
( ) (
)
:
:
( )
RETURN MOVE
( )
:
: ( )
( )RETURN MOVE
:
TrEnD MAker