Dow tenet "A trend is assumed to be in effect until it gives a definite signal of reversal". Though there are many trend reversal signals like candlestick pattern, trendlines, support/resistances and indicators, we can use peaks and troughs to confirm it in a better way. Uptrend - Higher high(peak), higher low(trough) Downtrend - Lower low(trough), lower high(peak) Uptrend - Price action forms rising peak and rising trough Downtrend - Price action forms decling peak and declining trough In my post "Arvind facing strong resistance", price action moved upwards eventhough trendline was broken and RSI showed less momentum. I checked where my analysis went wrong and found it didnt break the previous higher low.