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Uptrend

An uptrend is the upward price movement of a financial asset, characterized by price making higher highs and higher lows. This means that after a bullish run, the lows following a pullback will still be near or above the highs that were seen earlier in the trend. The uptrend is regarded intact as long as price continues to make higher highs (during the run) and higher lows (during the pullback). Some traders choose to trade solely during uptrends. These type of long-trend traders employ a variety of tactics to capitalize on the price's proclivity to make higher highs and lower lows. They enter trades earlier as price begins the raise; they manage their position(s) during the bullish run by adjusting their stops (in case price suddenly reverses); they exit and take profit (fully or partially) as price loses strength and starts to reverse direction.

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