Is Trend Your Friend?
Understanding Trend, Support, and Resistance — A Simple Guide Before the Code When you start exploring the financial markets, three core concepts come up over and over again: trend, support, and resistance. While they might sound technical, they’re simply ways to understand how prices move — and where they often pause, reverse, or break through. Let’s walk through them in plain terms. What Is a Trend? A trend is the general direction in which a market is moving. If prices are steadily rising, it’s called an uptrend. If prices are generally falling, it’s a downtrend. If prices are moving sideways […]