Technical_Analysis_page_257

Technical | Analysis page 257 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

228 Part Ill. Trend Analysis Peaks and Troughs What is the simplest way to look at prices and determine the trend? The easiest is to look for peaks and troughs within a series of price oscillations. If the peaks tend to be higher than the ear- lier peaks, and the troughs tend to be higher than the…