Two types of market trend

TWO TYPES OF MARKET TRENDS:

1. Bullish/Uptrend = Upwards
2. Bearish/Downtrend = Downwards

Uptrend :

• Market goes higher from previous prices and make a new high

• HH means Higher High, meanwhile HL means Higher Low.

• Distance betwwen HH and HL is known as retrace dan the trend is BULLISH TREND

Downtrend :

• Market goes lower than previous prices and make a new low.

-LH mean Lower High meanwhile LL means Lower Low.

• Distance between LH and LL is known as retrace and the trend is BEARISH TREND