Trade Stock Indices

How Many Chart Tops Confirm a Trend Line?

To draw a down-wards trend line a trader needs at least two tops

To confirm a downwards trend line a trader needs at least three stock trading price tops to touch the downward trend line.

Example of Downwards Trend on a chart

How Many Chart Tops Draw a Downward Trendline?

How Many Chart Tops Confirm a Trend Line? - How to Use Trend Lines in Indices Trading

A down trend occurs when the stock trading price forms a series of lower highs & lower lows. Each price high is lower than previous high - lower high, and each low is lower than previous low - lower low therefore showing bearish price movement.

How Many Chart Tops Draw a Downward Trend Line?

How Many Chart Tops Confirm a Trend Line? - How to Use Trend Lines in Indices Trading