#TrendTradingStrategy
#TrendTradingStrategy
Trend trading involves identifying and following the direction of the market—whether it's upward (bullish) or downward (bearish). The goal is to enter trades in the direction of the trend and ride the momentum for profits. Tools like moving averages and trendlines help confirm the trend. For example, if AVAX/USDT shows consistent higher highs and higher lows, it's a bullish trend, and buying on dips can be effective. Patience and discipline are key, along with trailing stop-losses to lock in gains. This strategy works well in strong, directional markets.
