In a downtrend, every fall falls below the previous low, and...
In a downtrend, every fall falls below the previous low, and every time it rebounds below the previous high. The straight line connecting the high point of the stock price wave is a downward trend line. On the daily chart of Baba, it can be seen that $baba$ is in a downward trend. $Alibaba(BABA.US$
![In a downtrend, every fall falls below the previous low, and every time it rebounds below the previous high. The straight line connecting the high point of the ...](https://sgsnsimg.moomoo.com/feed_image/101718848/ff4d03ed7d013eec9bf5221d9c753503.jpg/bigmoo)
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