FOREXPEDIA
EVERYTHING ABOUT FOREX
TYPES OF TRENDS
BULLISH OR UPWARD TREND
A bull market is a rising market. In a bull market, investors are positive. Trend line is a line that is drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. Since in a bullish trend orders are placed upwards it is very important to determine the lower trendline of an upward movement. Break through a lower trend line signals that a general trend weakens or changes its previous direction.
BEARISH OR DOWNTREND
A prolonged period in which investment prices fall, accompanied by widespread pessimism. A bear market is a market showing a lack of confidence. Lower trend line is a line that is drawn under pivot lows to show the prevailing direction of price. Bullish trendline is a visual representation of a resistance. Since in a bearish trend orders are placed downwards it is very important to determine the upper trendline. Break through an upward trend line signals that a general trend weakens or changes its previous direction.
SIDEWAYS TREND
A sideways market occurs where the price trend of a certain trading instrument has been experiencing neither an uptrend nor a downtrend. Sideways trend is generally a result of the price traveling between strong levels of support and resistance. Sometimes, when a price moves in a reverse direction once the upward or downward trend is over, there are no certain price directions at the market. In this case, price fall or rise movements in a vertical direction are not expected. As a rule, when the sideways trend ends an uptrend or downtrend may begin.
HOW TO BE A TRADER?
We invite you into the investment world of InvestAZ. You can follow the steps below to be an online investor with us.
Fill the demo account form to open an account and trade risk free positions.
You can apply to open a real account entering the world of investment.
After depositing the initial investment you can easily start to trade.
