Defining the trend is the most important aspect to using technical analysis. Once you understand trend in one time frame, you can apply this knowledge to two time frames at the same time. Through this analysis you will become more proficient at seeing the best times to enter during the cycle of a stock’s movement.
Price Trends can be defined in a number of ways. I try to use methods which are simple and have less ambiguity. The key elements which determine the trend and a shift in the trend need to be clear in order to make analysis efficient.