Glossary

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Uptrend
This is a situation on a price graph (see), when the naked eye can see that a price is steadily growing over recent time. If you understand that the price is just starting to grow (in the past few hours), it can be assumed that an upward trend now being formed. The trend itself (see) is a conditional, rather than a clear direction of the price chart up or down. Is generally said of this trend, that on a graph it can be visually placed between two straight, almost parallel lines. The opposite of a rising trend is called a downtrend (see), mainly when the price goes confidently down. Find out more about identifying a trend by reading the book by John Murphy “The visual investor. How to spot market trends”.

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