What is a trend🧐

A trend is a key concept in the world of trading. Understanding trends can significantly increase your chances of successful trading.

📌 A trend is the general direction of the price movement of an asset over a certain period of time. Trends can be:

➖ Upward (bullish): When the price of the asset gradually rises.

➖ Downward (bearish): When the price of the asset gradually falls.

➖ Sideways (consolidation): When the price fluctuates within a certain range and lacks a clear direction.

Understanding the trend allows traders to make more informed decisions.

For example, if you see an upward trend, you might consider buying "CALL" options, expecting further price increases. Conversely, in the case of a downward trend, you should pay attention to "PUT" options.

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