Trend Starts Weakening, Here's a Sign!

In the world of trading, trends are a representation of market forces. Of course, traders can't possibly fight the market. If it is not friendly to the trend, it means that the trader is expressing hostility to the market. Since it is impossible to go against the market, the only way is for the trader to follow where the market is moving.

To get maximum results, traders must be able to identify the current trend. Without a good understanding of the trend, it is certain that traders have difficulty determining the position to enter the market. Unfortunately, trends are volatile and dynamic, so from time to time the trend will continue to change. Here are the signs that can be seen when the trend is weakening:

Range

Range is the difference between the minimum and maximum prices of an instrument during a certain period. The range trading strategy is the simplest alternative strategy to do. With the prediction of prices that tend to return to the long-term average that will occur. The turning point as the entry point is the determination of the key to the range trading strategy. When the market is moving fast or strong, to determine a turning point or reversal, the first thing you need is support if it moves downwards.

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