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📈 Uptrends: An uptrend is characterised by a sequence of higher highs and higher lows in asset prices, reflecting a market in a state of progressive ascent. Long positions are typically used. 📉 Downtrends: Conversely, a downtrend is marked by a series of lower highs and lower lows, indicating a market in decline. Short positions are typically used. 🔁 Sideways Trends: Sideways, or horizontal, trends occur when an asset’s price moves within a relatively stable range, without a definitive direct
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