#TrendTradingStrategy #TrendTradingStrategy ✅ What is the Trend Trading Strategy?

It is a trading method aimed at benefiting from the prevailing market trend (whether bullish or bearish) by entering trades that align with this trend.

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📈 Types of Trends:

1. Uptrend: A series of higher highs and higher lows.

2. Downtrend: A series of lower highs and lower lows.

3. Sideways Market: No clear direction – horizontal movement.

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🔧 Tools Used in This Strategy:

Moving Averages (MA): Such as 50MA and 200MA to determine the overall trend.

Relative Strength Index (RSI): To avoid entering during overbought/sold conditions.

Trendlines.

Japanese Candlestick Patterns: To confirm entry and exit points.

ADX (Average Directional Index): To assess the strength of the trend.