Devil9
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Pillar 2 – Bullish Trend
This is a simple item to identify on the chart, and as a retail investor, you are likely most familiar with this formation.
A bullish trend develops when there is a grouping of candlesticks that extend up and to the right.
Think of a squiggly line on a 45-degree angle.
Bullish trend chart with upward candlestick formations and TradingSim logo, illustrating key price action trading strategies.
The key thing to look for is that as the stock goes on to make a new high, the subsequent retracement should never overlap with the prior high. This ensures the stock is trending and moving in the right direction. In other words, higher highs and higher lows.
Make sense?#btc #TRUMP
This is a simple item to identify on the chart, and as a retail investor, you are likely most familiar with this formation.
A bullish trend develops when there is a grouping of candlesticks that extend up and to the right.
Think of a squiggly line on a 45-degree angle.
Bullish trend chart with upward candlestick formations and TradingSim logo, illustrating key price action trading strategies.
The key thing to look for is that as the stock goes on to make a new high, the subsequent retracement should never overlap with the prior high. This ensures the stock is trending and moving in the right direction. In other words, higher highs and higher lows.
Make sense?#btc #TRUMP
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