#TrendTradingStrategy

Trend trading strategy is a method that involves determining the direction of the price movement of an asset (trend) and opening positions in the direction of that trend to profit from its further development.

The main principles of the trend trading strategy:

Determining the trend:

A trend can be upward (the price makes higher highs and higher lows), downward (lower highs and lower lows), or sideways (consolidation). Traders use technical indicators such as moving averages (MA), MACD, RSI, Parabolic SAR, as well as chart analysis and support/resistance levels to confirm the trend.