Is a tendency for price to move in a particular direction over a period.
Trend can be long term, short term, upward, downward and even sideways.





There are three major types of trend

1. Up Trend: This when price is moving up.
2. Down Trend: This is when price is moving down.
3. Consolidation: This is when price is moving sideways, also known as Ranging.

Uptrend
With an uptrend market price will make higher highs (HH) and higher lows (HL).
Downtrend
With a downtrend market price will make lower highs (LH) and lower lows (LL).

Sideway
With a sideway/sanging market price moves between the support and resistance.

REVERSAL AND CONTINUATION

REVERSAL
When a trend reverses direction, e.g from uptrend to a downtrend.
Where can reversal happen;

1. Support levels
2. Resistance levels

CONTINUATION
Is when a trend continues in the direction but slows down or even pulls back a bit before continuing.
E.g From a downtrend to a consolidation and back to a downtrend again.



MARKET SWINGS
Is when the price process like a wave.
In an uptrend, price will be making higher highs and higher low
In an downtrend, price will be making lower higher and lower lows

Trading opportunities using market swings

1. Uptrend - Buy on the downswing
2. Downtrend-Sell on an upswing