A series of higher highs (HH) and higher lows (HL) is formed making an uptrend. In continuation of this trend a downfall is expected which will make a new higher low.
A series of Higher highs and higher lows is formed and currently a downtrend is expected which will create a new higher low and a buying opportunity.
A series of Higher highs (HH) and Higher lows (HL) is formed on the chart which shows an uptrend is in play.
After the bearish trend a Hammer is formed and HH & HL are formed indicating a bullish trend start.