#TrendTradingStrategy
Trend trading is a strategy where traders follow the direction of the market — buying when prices are rising (uptrend) and selling or shorting when prices are falling (downtrend).
🔍 Key Elements:
1. Identify the Trend
Use indicators like Moving Averages (MA) or Trendlines
Example: If the 50-day MA is above the 200-day MA → Uptrend
2. Confirm with Volume & RSI
High volume supports trend strength
RSI (Relative Strength Index) helps avoid overbought/oversold traps
3. Entry Points
Enter on pullbacks (price dips in an uptrend)
Use support levels as buy zones in an uptrend
4. Exit Strategy
Take profit near resistance levels
Use trailing stop-loss to lock gains if trend reverses