Technical_Analysis_page_285

Technical | Analysis page 285 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

256 Part Ill. Trend Analysis the direction of the previous trend is a confirmation that the trend still exists, and a breakout in the opposite direction of a previous trend suggests that the trend is reversing and that a position should be closed and possibly reversed. Breakouts occur when prices…