Uptrend

The idea

A sequence of generally higher swing highs and higher swing lows.

Try the scenario

A rally reaches 110, retraces to 104, then reaches 114.

Check your understanding

Which statement is supported by this definition?

• This concept guarantees the next five candles.
• Every candle in an uptrend is green.
• A sequence of generally higher swing highs and higher swing lows.

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