Understanding Market Trends

Market trends are patterns or tendencies that occur in a market over time.

Being able to identify and understand these trends is crucial for making informed trading decisions.

There are three main types of market trends:

• Uptrend (Bullish): When prices are making higher highs and higher lows
• Downtrend (Bearish): When prices are making lower highs and lower lows
• Sideways/Horizontal: When prices are trading within a range without significant upward or downward movement

Various technical indicators can help you identify these trends, including moving averages, MACD, and RSI.