All language subtitles for 8. Trending Markets--- [ DevCourseWeb.com ] ---

You can model one point eight.

And the sister last model of Model 1 and we'll be talking about trends.

Now they have decided to cover all the ranges first.

And the trend for the last part.

So everybody knows the definition of uc-santa and Duntroon.

OK.

But we're going to look deeper into those formations and try to understand the psychology behind the

price movement and also the strength and momentum.

So you guys are familiar with this right.

This is a down trend because it makes no higher and lower those

k.

And the opposite is true.

One of trend.

So I'm going to do is dive deeper and look inside these moves look for transformation and price action

that can give us a clue to how strong the trend is.

Right.

Let's get some charts OK.

Remember the saying The trend is your friend until it bends.

Right.

So our job is to figure out when it eventually will bends and stop being a friend.

And in this example in the panel I'm going to point out this move

this is obviously a dunk trend right.

And they could see the.

One final push to the downside here.

Let's take a look at these waves individually.

OK.

So first analyze this strong move here.

Right.

The bears are coming in from.

And then the second time it made a push to the downside.

It's not a strong suit of this.

This is the first clue that tells us that the trend may start to bend.

OK now let's look at día the bull's to make a quick pullback here.

Right.

Pretty steep.

Strong up with the best came in a week.

Why did the bulls do it's also weak right.

This failed to make a higher high still.

Still higher though.

And at the angle it's troubling.

This is what we call the corrective waist versus the impulsively.

And therefore the Bears will make another push to the downside.

Let's analyze this part of the moves here.

Small pullback right Burris's the ball is from another one

just a minor pull back

neither one

or bigger pull back this time.

See how there are more bears selling here compared this

not to push the bulls are strong.

Right.

But as you can see

let's pretend this never happened.

That's Let's for the lines of here.

You guys see that although it's making edits although it's still making a high

it's has been weakening right from the first push second push to third and the fourth OK.

So this can give us a clue that somewhere around here the bulls may eventually stop for a while.

And the Bears take over which is that over a year.

So if you're someone who wants to buy on these pullbacks you should be able to identify and anticipate

when and where the next pullback will be.

By analyzing this up move Sure it could somewhat gauge the strength of these trends.

Okay.

So you made a push down another move to the upside.

And the bulls are still fighting the ball is a winning here.

What happens here.

These bears jump the

OK so again strong bull remediable.

We will see the pattern.

The bulls are dying

and this is a great opportunity for these barriers to just jump in.

So that's how we analyze trends.

OK.

I want to show you what I meant by impulsive and corrective ways.

This is an impulsive way.

Right.

This is the correct place.

OK so whenever you say impulsive like this the direction buyer is the downside.

Here's another

corrected this impulsive way to make a new low the corrective wave happens.

Same thing just different terminology.

You could see that the Bears have given way slightly here they both jump in here.

But in the second jump here see how longer it takes to push price to the same level.

That tells us that the bulls are weakening.

All right guys so that covers this topic about trends.