How Many Stock Indices Chart Bottoms Confirm a Indices Trend Line?
To draw a upwards indices trend line a indices trader needs at least two bottoms
To confirm a upwards indices trend line a indices trader needs at least three stock indices price bottoms to touch the upward indices trend line.
Example of Indices Upwards Indices Trend on a indices chart
How Many Stock Indices Chart Bottoms Confirm a Indices Trend Line? - How to Use Indices Trend Lines in Trading
Since the stock indices trading market moves in a zigzag manner traders normally draw a indices trend line which shows the general upwards direction.
How Many Stock Indices Chart Bottoms Confirm a Indices Trend Line? - How to Use Indices Trend Lines in Trading
An up indices trend occurs when the stock indices price makes consecutive higher highs and higher lows. Each high is higher than the previous high- higher high , and each low is higher than the previous low- higher low.