Trend
Higher highs and higher lows (up), or lower lows and lower highs (down). Pullbacks are opportunities.
Range
Price oscillates between defined levels. Extremes are opportunities; the middle is noise.
Technical Concepts
The single most important question before any trade: is this market trending, or ranging? Everything else follows.
Higher highs and higher lows (up), or lower lows and lower highs (down). Pullbacks are opportunities.
Price oscillates between defined levels. Extremes are opportunities; the middle is noise.