What Happens when a Downward Trend line 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 and moving in the opposite 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 and becomes bullish
What Happens when a Downward Trend-Line is Broken? - What Happens when a Trendline is Broken?
NB: for very strong trends, when a trend-line is broken price will consolidate for a period of time before heading in the opposite market trend direction. For short term market trends when a trend-line is broken it will mean price may reverse immediately.
More Tutorials & Topics:
- How Do You Trade Gold in MT4 iPad App?
- How Do You Trade Gold Upward Trend?
- What are the Various Types of XAU USD Strategies?
- Gold Key Concepts Described
- How Do You Trade & Sign In to MetaTrader 4 Trading Platform?
- How Do You Learn How to Place and Set a StopLoss Order in MetaTrader 5 Platform Software?
- No Nonsense Gold ADX Technical XAU/USD Indicator Course Tutorial
- Learn Basic Gold Strategies
- How to Set Up MT4 Demo Practice Account and How to Use MetaTrader 4 Demo Practice Account
- How Leverage Increases XAU USD Profits and Losses
