#TrendTradingStrategy Trend trading, also known as trend following, is a popular trading strategy that aims to profit by identifying and riding the prevailing direction of price movements in financial markets. The core idea is that "the trend is your friend," meaning that once an asset starts moving in a particular direction (up or down), it tends to continue in that direction for some time.

Here's a breakdown of the key aspects of a trend trading strategy:

1. What is a Trend?

* Uptrend (Bullish): Characterized by higher highs and higher lows. Traders look to "go long" (buy) in an uptrend, expecting prices to continue rising.

* Downtrend (Bearish): Characterized by lower lows and lower highs. Traders look to "go short" (sell) in a downtrend, expecting prices to continue falling.

* Sideways/Ranging: Prices move within a defined range without a clear directional bias. Trend traders generally avoid or wait for a breakout from these markets.