Identify the change in trend!

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No trend lasts forever, and this is where people lose the most money.

If people have a bearish mindset and the trend shifts to bullish, they will not accept it and continue to short the market.

And if people have a bullish mindset and the trend changes, they also will not accept it and continue to buy when the price drops.

How do you identify a trend change?

In this article, we will discuss the breakout of an uptrend.

When the market breaks a bullish trend, you will see it break below the lower low (the bullish trend it is maintaining) on a higher time frame. The best time frames you can use are the weekly and daily time frames.

When the price does this, you can change your thinking from a bullish mindset and wait unless you receive another bullish confirmation.

Some people prefer to take profits when they buy into a breakout, or some like to open a short position depending on the type of trader they are and how they want to trade.

Have a bullish mindset when the market is rising.

Change your thinking when the trend changes.

This is the only way to survive and become a profitable trader.

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