Read a Price Trend

How to Interpret a Price Trend

Traders can identify a trend using a system that has 3 indicators - MA Crossover System, RSI and MACD & using simple trading guide-lines to define the trend. The rules are:

Up-ward Trend

Both Moving Averages Moving Up

RSI Indicator above 50 Mark

MACD Above Center Line

Downward Trend

Both MAs Moving Down

RSI Indicator below 50 Mark

MACD Below Center Line

Traders can then write-down the guidelines of the system & use this guide-lines to define a trend that they will then trade.

Example of XAUUSD Rules to Define a Trend - Trading Define A Price Trend

Example of a Price Trend on a Price Chart

Example of a Price Trend on a Price Chart - How to Trade a Price Trend?

Read a Price Trend