#TrendTradingStrategy
50 EMA and 200 EMA (golden/death cross signals)
Price above MA = uptrend, below = downtrend
Trendlines: Connect higher lows (uptrend) or lower highs (downtrend)
MACD or ADX: Confirms strength of a trend
2. Entry Signal
Buy when:
Price breaks above resistance with volume
Price retests support in an uptrend
MACD crosses upward or RSI exits oversold (<30)
Sell/Short when:
Price breaks below support
Lower highs form consistently
RSI exits overbought (>70)
3. Exit Strategy
Take Profit: Use Fibonacci levels, previous resistance, or set a fixed target (e.g. +5% or +10%)
Stop Loss: Set just below the last swing low or a key moving average