Trend – steady price movement up or down over a long time interval. A steady upward movement creates a bullish trend, downwards – a bearish trend. Trading against the trend is strongly discouraged. The exception is transactions in Long against sharp falls down in order to catch a rebound (catching knives. The technique requires a quick reaction and the presence of stops). Let’s look at examples of trends on charts.
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Рис.32. Акция «Газпром АО». Бычий тренд (растущий).
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Fig.33. Aeroflot stock. Bearish trend (downward).
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Fig.34. The action of Tatneft PJSC. Sideways trend (flat) relative to the price of 500 rubles.