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Fdocuments - in Trends Retracement Levels For Signs of A Reversal Fibonacci Levels 382 50
Fdocuments - in Trends Retracement Levels For Signs of A Reversal Fibonacci Levels 382 50
1
What is a Trend?
Uptrend Downtrend
Horizontal Troughs
2
What is a Trend?
Trend is a direction,
not a straight line.
4
Trend Classification
5
Trend Classification
6
Fuzzy Logic
● Q:Does the slope of the trend matter? ● There will be many concepts that are built
● A:It depends! If we saw slopes that are on years of observation.
wildly different from the norm, then yes.
● Many of these were developed before there
● This is the “art” part of Technical Analysis. were any quantitative techniques.
● All Analysts occasionally make statements ● In time, as evidence is presented, these will
that seem like facts, but they are often be proven or dismissed.
subjective observations.
7
Trends - The Key to Profits
● Every TA Signal and theory is centred on 3. Close those positions when the trend is
capturing the trend. ending.
8
Determining Trend
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The Trend Line
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The Trend Line
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The Trend Line
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Internal Trend Lines
13
Trend Line Rules
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Accelerating or Logarithmic Trend Lines
15
Trend Line ●
●
Channels
Volume
● Retracements
Tools ● Speed Lines
● Andrew’s Pitchfork
● Point & Figure
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Channels
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Volume to confirm Change in Trend
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Retracements
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Fibonacci Retracements
20
Speed Lines
21
Gann Fans
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Gann Fans
23
Gann Fans
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Andrew’s Pitchfork
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Andrew’s Pitchfork
26
Support &
● What is Support and Resistance?
Resistance
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Buyers and Sellers
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Resistance
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Support
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Support & Resistance
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Support & Resistance
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Trading Range Breakouts
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Support and Resistance Zones
34
Donchian Breakout Method
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Support & Resistance Switch
36
Trends and
Support &
Resistance