IDENTIFYING TREND CHARACTERISTICS

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STRONG TREND: Strong Impulse - Weak Pullback:

Price breaks previous higher-high.
Price DON'T test previous higher-high.
20% to 30% retracement pullback.

MEDIUM TREND: Strong Impulse - Strong Pullback:

Price breaks previous higher-high.
Price tests previous higher-high.
30% to 50% retracement pullback.

WEAK TREND: Weak Impulse - Strong Pullback:

Price slightly breaks previous higher-high.
Price Almost test previous higher-low.
50% to 80% retracement pullback.

RANGE (no trend): Weak Impulse - Weak Pullback:

Price slightly breaks previous high.
Price slightly breaks previous low.
80% to 100% retracement pullback.