3.2 Downward trend
Waning ( downward ) , or a bear , a trend occurs when the maximum price fluctuations of the market drop .
With declining trend trendline , which limits the price on, called the line of resistance.
When there is a bear market we put on lowering the price , so it is important to only limit price on, because the lower the price falls , the better for the player. Intersection or penetration resistance lines , warns of weakening trend or even change it .
Of particular interest are the channels , when the explicit trend exist simultaneously support and resistance lines . Line resistance and support are often not parallel lines. At the same time gives you the opportunity to predict the trend of both lower and upper levels of their .
3.3 Sideways trend
The third type of trend - it is like no trend , ie horizontal (lateral ) trend when prices fluctuate horizontal range. For him, too, there are support and resistance lines , but there is no explicit price movement up or down.
Trend line emerges as a natural result of observing the trend. It is a line connecting the lowermost or uppermost point zigzags price chart .
Since the market does not move in straight lines, zigzags and the relative position of the upper and lower points of these zigzags creates market trend . Besides direction trends are classified according to their duration, subdivided by primary or long-term , secondary or medium duration , and small or short . Within the main trend can occur any number of secondary and small trends. The duration of each of them varies within wide limits. According to Dow theory, considered the main trend established in the market for more than 1 year. Duration of secondary trend can be calculated for months, and small - weeks.
4. Literary list
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ru.wikipedia.org - the free encyclopedia.
www.провэд.рф - information and analytical publication.
www.oranet.ru - documentation library.
www.nicemanager.com - sell beautiful.
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www.dic.academic.ru - academician.
www.forexcenter.ru - Topic Centre.
www.av-finance.ru - all about investing and trading exchange.
www.tempofox.com - Investing in index of Governors.
www.enc-dic.com - encyclopedia and dictionaries.