2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

2.1 How Identify Market Stage: Trend or Consolidation

How Identify Market Stage: Trend or Consolidation

Market price movements cannot go in one direction for a long time. A currency may strengthen, then weaken and strengthen again. The main task of technical analysis is to determine the trend. In total there are three types of trend:
- "Bullish" - prices move upwards;
- "Bearish" - prices move down;
- Flat- no definite direction.

Once you've gotten the basics, the next step is to understand how technical analysis work. This chapter helps you to see various trading strategies and styles in greater detail.
Learn 15 valuable lessons and professional techniques of day trading. These practical lessons cover a wide range of trading topic from technical analysis to trading techniques.