What Happens when an Upward Trendline is Broken?
What Happens when an Upward Trendline is Broken
Upward commodity trend line break - when an upward trendline is broken it is a commodity reversal trading signal where the commodity market goes through the commodity trend line and starts moving in the opposite direction.
What Happens when an Upward Commodities Trendline is Broken
when a trendline is broken in an up commodity trend - when a trendline is broken then the sentiment of the commodity market reverses and becomes bearish
What Happens in Commodities after an Upward Commodities Trendline is Broken - What Happens in Commodities after a Commodities Trend Line is Broken?
NB: For very strong commodity trends, when a commodity trend line is broken the commodities price will consolidate for some time before moving in the opposite commodity trend direction. For short term commodity market trends when a commodity trend line is broken it will mean commodities price may reverse immediately.