How Many Tops Draw a Downward Trend Line? - How Many Tops Confirm a Trend Line?
To draw a downwards trend line a trader needs at least two tops
To confirm a downwards trend line a trader needs at least three price tops to touch the downward trend-line.
Example of Downwards Trend on a chart
How Many Tops Draw a Downwards Trend Line? - How Many Tops Confirm a Trend-Line? - How to Use Trend Lines in Forex Trading
A downtrend occurs when price makes a series of lower highs & lower lows. Each price high is lower than previous high - lower high, and each low is lower than previous low - lower low therefore showing bearish price movement.
How Many Tops Draw a Downward Trend-Line? - How Many Tops Confirm a Trend-Line? - How to Use Trend Lines in Forex Trading