Oscillators

Trade on the trend. Fall of a price

There are 3 signals that show that a price is likely to continue falling:

– There is a downward trend in the chart.

– The Aroon Up line is below a level of 30.

– The Aroon Down line is above a level of 70.

Parallel motion of the Aroon Up and Aroon Down lines provides extra confirmation that a strong downward trend is forming in the market.