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NatarajMalavade

What is UPTREND in #priceaction trading?

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S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
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NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Support and Resistance Supply and Demand Fractal priceaction
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supportandresistance supplyanddemand fractal priceaction
If the market is pulling towards upside direction with less magnitude towards downside direction we can call it as an uptrend.

Characteristics of an uptrend:
1) Higher High and higher low pattern in the swings
2) Less magnitude in secondary swings or downside swings in this case

Hope this helps:)
Nataraj Malavade
Author of Mastermind of Day Trading
Quant Trader | Author | Blogger

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