trend line and channel line are not equal here. Working with MA means handling with two types of signals. The first type consists of all signals which produced by MA itself.
Following to breakthrough of uptrend, the chart comes back to it and trend becomes a resistance line (Fig. The below trend indicator is the most popular among traders and is called moving average,. Subsequent breakdown of the trendline means that tendency has changed. Trend can be different: downtrend, uptrend or flat (horizontal trend). Let's consider signals produced by the single. Resistance levels on this chart change each other over the time, each new resistance level is below the previous one. Opening along the trend is considered to be natural, as it means that the major market tendency is followed. Elliott ging noch weiter und fand heraus, die Kurseverläufe in Hauptwellen und Korrekturwellen unterteilt werden können. Nebst der reinen Chartanalyse, bei der Widerstände und Aufwärtsbewegungen betrachtet werden, gibt es auch noch fortgeschrittenere Techniken. We have only weak hesitations of price in shorter time periods.