It works well with the SAR method to help investors profit from both uptrends and downtrends. |
The JPY underwent sharp downtrends against the EUR and the GBP, and experienced a volatile session against the USD during the past week. |
At Go Forex we have noticed that the biggest GBPUSD moves have occurred on negative US news which has led to sharp upward advances, followed by downtrends. |
Last week the Dollar saw mainly downtrends against the major currencies. |
Indeed, uptrend periods follow downtrends, with an ensuing reduction of the annual variance as the horizon lengthens. |
A rising wedge is generally considered bearish and is usually found in downtrends. |