trexy123 Posted September 14, 2013 Report Share Posted September 14, 2013 hi could you help me on how to confirm a trend change on a daily timeframe ? Quote Link to comment Share on other sites More sharing options...
aenigma Posted September 14, 2013 Report Share Posted September 14, 2013 Trend is a General tendency or inclination of Prices.... (Reversal in Break in above) 3 Trend are  Up Trend - Prices go Higher forming a series of Higher Highs & Higher Lows (Series of Higher Lows Being Important).. (Reversal - Up trend is Broken where a Lower Low is Put down by Prices) Down Trend - Prices go Lower forming a series of Lower Highs & Lower Lows (Series of Lower High Being Important).. (Reversal - Down trend is Broken where a Higher High is Put up by Prices) Side Trend - Prices go sideways Between Support & Resistance Level ie. Regarded as Consolidation or Correction.. (Reversal is Change of Sidewise Trend into an Up Trend with above characteristics ie (Series of Higher Lows by Price) or with Down Trend ie (Series of Lower Highs by Price) K12 and mr12323 2 Quote Link to comment Share on other sites More sharing options...
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