Chart Reading : Lesson - 3 (Part : 3)

In our previous two lessons, we saw how to detect the Up Trend/Bullish market and Down Trend/Bearish market manually. Today, we will see how to detect the Sideways Market. It's easy.

When you will not able to detect the Up Trend market or Down Trend market, you may sure that you are staying in a Sideways market. Please see the below chart :

(Pls. click on the image to enlarge)

In Sideways market, you will not able to detect several confirmed HH-HL or LL-LH. We always avoid this market. Because we will not play for nothing. For details pls. wait for Chart Reading : Lesson - 3 (Part : 4). by JC