Understanding Trend Analysis with TradingView
Understanding Trend Analysis with TradingView TradingView is a platform where you can analyze and understand charts and interact with other traders and their investment ideas. TradingView offers you the largest library of ideas and strategies, with over 100,000 strategies written by other traders and members of the community. the members share their ideas and scripts, on the TradingView market. ( Read more ) Trend analysis is without a doubt, the most powerful area of technical analysis . It helps you determine the overall direction of an asset and work on the principle of higher highs, higher lows (for an uptrend), and lower highs, lower lows (for a downtrend). There can be different time zones, that basically tell when the market will respond by making a strong advance or decline. These time zones also keep reversing roles between support and resistance. Support & Resistance Support and resistance help you identify the points at which the price reacted either by rev...