The Vocabulary of Trends

I tried to find a precise vocabulary to describe trends but I couldn't find anything acurate enough for my need. Also I want the vocabulary to be different if we're in an uptrend or downtrend. When needed I created words.

Here is my current proposal for vocabulary and what I use when I do my analysis

Uptrend

An Uptrend

name	definition	explanation
Run	when the price goes up	a short word
top	the highest point of the run
pull	when the price goes down after a run	pull for "pullback"
lo	the lowest point of the pull	lo for "low"
apex	the highest point of the trend
lopop	the point where the trend is considered broken because the pull goes lower that the previous lo	stands for "low pop" meaning a pop (light explosive sound) that broke the previous low.

Downtrend

a Downtrend

name	definition	explanation
Gun	when the price goes down	a short word close to run
Bot	the lowest point of the run	bot for "bottom"
Push	when the price goes up after the bot	push for "pushback"
Hi	the highest point of the push	hi for "high"
lopex	the lowest point of the trend	Lopex is a created word to mean the opposite of apex
hipop	the point where the trend is considered broken because the push goes above the last hi	Hipop stands for "high pop" meaning a pop (light explosive sound) that broke the previous high.

Some considerations

Every element (run,pull,top..) can be numbered. For example in an uptrend, "top 1" means the first top, "top 2" the second and consequently. The apex
is still considered a top. When numbering, if your "top 3" is the apex then the next top will still be "top 4" even though it's lower than top 3.

But, what is a top exactly? Let's look at a picture

Which point is the top?

Which point is the top here?

If I use candlesticks, I tend to consider the close (point 2) as the top. It's a totally arbitrary choice and you could decide that the top of the wick (point 1) is the top.

If I use volume profile, I choose the highest area with high volume (point 3). In that case I use data : This is the last area where people did a lot of trades and to me the small number transactions above this point are just "noise" that can be ignored.

Volume profile is more accurate than candlestick as you can see in the picutre. If your trading software allows it, I strongly suggest to switch to volume profile bars instead of candlesticks for better accuracy in your analysis.

Whether it's a top, a lo, a bot or a hi, bear in mind that these pivot points are more an area than a specific price so we don't need perfect accuracy.

What about the end of a trend?

_TODO

• stag, lostag, upstag,
• damp (dampen)
• vib (vibration)
• range