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If the chart pattern is making higher top and higher bottom, then the trend is up.
Similarly if a chart is making lower top and lower bottom then the trend is down.
The trend period is 2 years.
Find the sequence of the chart. If the sequence is:
1. Higher top and higher bottom. The trend is bullish. Make Long positions in the market
2. Lower top and lower bottom. The trend is bearish. make short positions in the market
<p style=”box-sizing: border-box; margin: 0.85em 0px 1em; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;”>If the chart pattern is making higher top and higher bottom, then the trend is up.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px 1em; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;”>Similarly if a chart is making lower top and lower bottom then the trend is down.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px 1em; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;”>The trend period is 2 years.</p>
Bullish : Higher Bottom-Higher Top Sequence, High volume, Long position in the market.
Bearish : Lower top- Lower bottom sequence, High Volume, Short position in the market.
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