Trading with the Trend

In this strategy, the trend line is actively used as support or resistance. To understand the principle of this approach, you simply need to draw a line connecting two or more highs in a downtrend or two or more lows in an uptrend. In a strong market, the price will bounce off the trend line and continue moving in the direction of the trend. That is why traders look for trading opportunities only in the direction of the trend.

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