Hello Im Prateek Singh and welcome to part2 of the market scientist episode involve tends, If you havent seen place 1 I indicate you got back and see it because you wont understandwhat tihis one is about I last-place left you with this image, I also askedyou to find swing low-pitched in this chart. I hope you were able to do this because thisis the answer if you did get everything right thats immense if you disappeared horribly wrongthen Id intimate you tour marketscientist.in The tie-in is in the description; take the apprenticecourse, this is 100% free and will give you enough substance to practise swing high-pitched andswing lows.So trends are made of swing highs and swinglows or waves , now a ripple is a very natural part of the market, as I said in the previousvideo groceries will generally move up and down in a gradual fad over long periods oftime. Now when you are going up or an uptrend weget higher swaying lows and higher swaying highs. Now its easy to see this chart that verysing low was higher than the previous one and every jive high was higher than the previousswing high.This is called an uptrend, likewise a downtrendhas lower fluctuate increases and lower swinging lows. So every swing increase you encounter on this charthas a lower swaying high than the previous one. So a adjust of lower shaking high-flowns/ lows every timethe market moves is a downtrend and a Set of higher swing highs/ lows is an uptrend. Paroles may fluster but if you identify graphs thenthings become a lot simpler. Now the question still remains, how do weknow when market is changing direction There are two things you should look it. When your stock is in an uptrend and it breaksthe previous fluctuate low-grade the uptrend is now in question. When this happens we are looking to see ifthis fall continues or not, it could still continue the uptrend nonetheless if we make aLOWER swaying high and continue down, we have the characteristics of a downtrend withina uptrend this meant that the almost certainly this uptrend is now over and we will eithergo sideways or a patrolman blow downtrend.This is the same for a downtrend, when a previous fluctuate high break-dances and we get an higher fluctuating low-toned, markets continuing up to new increases we can safely presume at the downtrend is over andthat a new uptrend has begun. Now these are general rules that can be usedfor all markets really make sure they are not spiky, or no volume. These will work great on nifty 50 inventories. as I have said before Marketscientist.in hasan apprentice course which is free and has enough rehearsal to coach you trend modification. I hope that members can learnt something in this seriestoday and you can apply it in your trading, always remember that anything worth doingin life makes courage, patience and a lot of hard work. dont forget to like and subscribe to thevideos and inspect Marketscientist.in to sharpen your trading skills and learn to be a moreprofitable broker, we have tons of available resources on the premium member section so I hope Isee you there ..
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