newdigital

• Trend: two successively higher tops and bottoms (uptrend)
• Trend: two successively lower tops and bottoms (downtrend)
• Other names for a positive trend: run up/bull run/rally
• Other names for a negative trend: run down/bear run/decline
• Trading range: the market moves up and down within a consistent range without establishing a definitive trend in one direction
• Consolidation: the range of price's movement constricts as the market becomes directionless
• Reversal: the market moves in the opposite direction from the previous trend, implying the end of that trend
• Retrace: the market moves some amount in the opposite direction from the previous trend before the trend is eventually reinstated
• 2 Attempts Rule: the idea that if the market attempts to do something twice and fails, the opposite will happen
• Break-out: the market breaks out of a trading range or a resistance level
• Clear-out: the market's break-out in one direction is quickly followed by its movement in the opposite direction
• Throwback: retracement after a break above
• Pullback: retracement after a break below