This defines a trend in such in clear terms that it applies to any time frame, any symbol, any market, any time of day.
Here are some definitions I have heard what is a trend
A trend demonstrates higher highs, or lower lows. Really? how many bars of "higher highs" or "lower lows" are required to define a trend?
The trend is your friend until it ends," because most people don't even know when it started! Let alone when it's about to end, or reverse and run up a margin call.
What do you use to determine "The Trend?"
Here are some definitions I have heard what is a trend
A trend demonstrates higher highs, or lower lows. Really? how many bars of "higher highs" or "lower lows" are required to define a trend?
The trend is your friend until it ends," because most people don't even know when it started! Let alone when it's about to end, or reverse and run up a margin call.
What do you use to determine "The Trend?"
Note
FAILED BREAKOUT - RETURN TO THE BULLISH TREND
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.