Trend
A trend is a sustained tendency for price to move predominantly in one direction over a period. Markets can trend upward, downward or move without a clear directional trend.
Why it matters to you
Understanding the broader trend gives context to individual trading setups. A long setup occurring within a strong uptrend represents a different market environment from the same setup occurring during a persistent downtrend. Trends also depend on timeframe. A market can be bullish on one timeframe while bearish on another.
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