Prices move in three directions:
An upward trend (Up trend)
Bearish (Down trend)
Accidental direction (Sideways)
Note:
Summit: level rebounded to the relegation price and rise earlier.
Bottom: it rebounded price level to rise after falling earlier.
Thus, the movement of the market is always between the composition of the peaks and bottoms, and put different tops and bottoms, according to the different direction.
On the upside: a rising tops and rising bottoms (each vertex higher than the previous all higher than the previous low).
The downside: the tops and bottoms bearish downside (all lower than the previous summit and all the bottom of the lowest of the former).
In the transverse direction: the tops and bottoms Neutral (in the horizontal plane), do not tend to rise and tend to decline, as the example below:
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