How Do You Read a Upward Trend?

How Do You Trade a Upwards Trend?

An upward trend in forex is the phenomenon of prices to move in a upward direction for a long period of time in a general direction upwards.

Upward trends can be read and interpreted using an upward trend line.

Upward trendline helps traders to define the upwards direction of the prices. Upward trend-lines connect a series of price lows forming an upward sloping trend which represents the general upward movement of the price.

For an upwards sloping trend line this is known as an upwards trend - the trendline plotted is referred to as an upwards trend line.

Up-ward FX Trend-Line

An upward trend line is drawn below the upward sloping price pattern by connecting at least two price lows. This will draw a trend line that shows the general upward direction of the prices up-ward.

Price moves in a zigzag manner in an upward trend. The price will move upwards forming support areas.

Since the price moves in a zig zag manner - traders will draw a trend line which portrays the general upwards trend direction of prices.

How Do I Read a Upward Trend?

An upwards trend occurs when price makes consecutive higher price highs and higher price lows. Each price high is higher than the previous price high - higher price high, & each price low is higher than the previous price low - higher price low.

Upward trend lines gain more validity each time price touches the upwards trend line but the price does not penetrate it. A upward trend remains in place until this series of higher price highs and higher price lows is broken - trend-line break reversal signal.

How Do I Read a Upward Trend?