Trading on the reversal of a trend. Fall of a price
December 6, 2021
Trade on the trend. Fall of a price
December 6, 2021

Trading Trends with Rising Prices

There are 3 signals that show that a price is likely to continue growing:

– There is an upward trend in the chart.

– The Aroon Up line is above a level of 70.

– The Aroon Down line is below a level of 30.

Parallel motion of the Aroon Up and Aroon Down lines provides extra confirmation that a strong upward trend is forming in the market.

Was this article helpful?
Dislike 0