What are uptrends in trading?
When the priceWhat are value stocks? A value company is a company that app... More of an or a increases steadily over a period of time, it is said that the priceWhat is price? The price is the measure of the value of good... More is in an uptrendWhat are uptrends in trading? When the price of an asset o... More. The opposite of an uptrend is a . If the price is neither in an uptrend nor a downtrendWhat is a downtrend in trading? When the price of an asset... More, it is called a .
Even if theis clearly up, there will still be fluctuations in price. Thus, a general uptrend will also incorporate temporary decreases in price.
This means that when the price of an asset moves in a particular direction, it does not move in a straight line. There may be small peaks and troughs: highs and lows within the trendWhat is a market trend in trading? A market trend is the ten... More. An uptrend can, therefore, be identified by continuously higher highs and higher lows.
The chart below is an example of price in an uptrend:
(2) Higher highs
Manyare based on . One example is our forex beginner strategy: