How to Analyze a Downward Trend Technical Analysis

How to Read a Downward Trend Technical Analysis

XAUUSD Down Trending Market - is a market where the general market price trend direction is downward meaning prices are generally closing lower than where they opened.

What's Trend in a Downwards Direction?

How to Interpret a Downwards Trend

A downward trend setup is drawn above the downwards trend formed by subsequent lower highs, it must connect at least 2 highs, with the most recent high being lower.

A downward trend forms when the price forms series of lower highs & lower lows. Each price high is lower than the prior price high - lower high, and each price low is lower than the prior price low - lower low: LL therefore showing bearish downwards price movement.

Analyze a Downward Trend?

How to Interpret a Downward Trend Line

Down-wards Trend-Line: The downwards trend line setup of this minor support & resistance points will form a series of levels whose general trend line direction will be heading downward.

Analyze a Downward Trend-Line?

How Do I Interpret Downwards Trend Technical Analysis