Prices fall because the supply of the asset exceeds its demand . 🛠️ Identifying the Trend
A downtrend is a market phase where the price of an asset consistently moves lower over time. It is visually and structurally defined by: Each peak is lower than the previous one. Prices fall because the supply of the asset
This line acts as "dynamic resistance." As long as the price stays below this line, the downtrend is intact. 2. Moving Averages (MA) Basic concepts of trend - Fidelity Investments Prices fall because the supply of the asset
Each trough (bottom) is lower than the previous one. Prices fall because the supply of the asset