Illustration of a Trading Strategy or Plan

This image represents a basic trading strategy, showing when to buy, when to sell, and when to avoid trading, based on market trends and price behavior. It acts as a simple decision-making guide for traders.

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Step 1: Identify the Market Trend

Ask yourself: “What’s the current trend?”

There are three main types of trends:

Bullish: The market is going up or expected to go up.

Bearish: The market is going down or expected to fall.

Sideways: The market is moving within a range—neither rising nor falling significantly.

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Step 2: Take Action Based on the Trend

➡ If the trend is Bullish:

Check: Is the price at a support level?

(Support is where the price tends to bounce back up after falling.)

Yes: ➤ BUY

No: ➤ DON’T TRADE

➡ If the trend is Bearish:

Check: Is the price at a resistance level?

(Resistance is where the price tends to drop after rising.)

Yes: ➤ SELL

No: ➤ DON’T TRADE

➡ If the trend is Sideways:

Action: ➤ WAIT FOR BREAKOUT

(Wait until the price breaks above resistance or below support before entering a trade.)

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Summary of the Strategy

Bullish Trend: Buy at support.

Bearish Trend: Sell at resistance.

Sideways Trend: Wait for a breakout before trading.

> ⚠️ Note: This is a simplified strategy. Real-world trading involves more detailed analysis and risk management. Use this as a starting guideline, not a complete system.

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