I have two main arguments of why technical analysis works when applied correctly to trading any financial market and they are simple.
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Next you will be anticipating a reversal of the trend as it has been in existence for some time.
Would you like to trading forex options with forex swing trading and also pair trade forex and trade like a Pro!
The secondary trend is like tributary to the main trend.
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Would you like to trading forex options with forex swing trading and also pair trade forex and trade like a Pro!
The previous short sellers become frustrated and buy to cover their short positions and prices move up further.
The price at which a trade takes place is the price at which a bull and bear agree to do business.
The primary trend is the main force behind the trend and is like a river flowing in a particular direction.