- Trading Trends with Rising Prices
There are 3 signals that show that a price is likely to continue growing:
– There is an upward trend in the chart.
– The Aroon Up line is above a level of 70.
– The Aroon Down line is below a level of 30.
Parallel motion of the Aroon Up and Aroon Down lines provides extra confirmation that a strong upward trend is forming in the market.