What Happens when a Downwards Trendline is Broken?
What Happens when a Down Trend-Line is Broken?
Down-wards trendline break - when a downwards trend-line is broken it's a reversal signal where the market moves through the trend-line and starts heading in opposite market direction.
What Happens in Gold after Down-wards Trend-Line is Broken?
When a trendline is broken in downward trend - when a trend line is broken then the sentiment of the gold reverses & becomes bullish
What Happens when a Downwards Trend Line is Broken? - What Happens when a Trend-Line is Broken?
NB: for very strong trends, when a trend-line is broken the price will consolidate for some time before heading in the opposite trend direction. For short term market trends when a trend-line is broken it will mean price may reverse immediately.
More Lessons and Topics:
- How Do You Trade Gold in MT4 iPad App?
- How Do You Trade Gold Upward Trend?
- What are the Different Types of XAU USD Strategies?
- Gold Key Concepts Described
- How Do You Trade and Login to MT4 Trading Software?
- How Do You Learn How to Set a Stop Loss Order on MT5 Platform?
- No Nonsense Gold ADX Technical XAUUSD Indicator Tutorial Guide
- Learn Basic Gold Strategies
- How to Set Up MT4 Demo Account and How to Use MT4 Demo Account
- How Leverage Increases XAUUSD Profits & Losses
