Trade Using Down Trendlines
Downwards trend lines in Indices Trade are used to display the resistance/support areas of stock trading price as the stock trading price moves downwards as expounded on the exemplifications below:
Downwards Trend-Line Technical Analysis
Downwards Trend-Line Series of Support Areas and Resistance Levels - How Do You Use Stock Indices Trade a Trend Line in Trend Trading
Minor support & resistance zones of the stock price trend will quickly form a series of support levels and resistance levels in the short term and quickly move past these support & resistance levels in a downward trend direction as shown & displayed on the trend-line illustrations expounded below.
Downwards Trend-Line: The downward trend line setup of this minor support & resistance levels will form a series/sequence of levels whose general trend line direction is downward.
Downwards Trend-Line Series of Support and Resistance Levels - How Do I Use Stock Indices Trade a Trend Line in Indices Trade?
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