Education
Falling trend line:
Rising trend line is the type of trend line which typically helps trader in identifying the exact bearish momentum (downward trend).
The rising trend line or descending trend line, be connected from highest price traded within the time range, and connect to the lower prices of the asset or security.
Traders may prepare for selling...
As seen NIFTY 50 INDEX has been respecting the above spotted trend line after the breakout of broadening channel pattern.
This an educational post on trend analysis and how to spot the trend lines.
Sometimes simplicity is just the key to success.
Previous Channel and Current pattern in downtrend confirmed a bearish continuation again. This post is just to encourage you that you can earn with just simple analysis.
A 'Symmetric Triangle' breaking downside in a downtrend confirms that bulls have been tired and couldn't take the price up again. This is a...