#TrendTradingStrategy
✅ What is the Trend Trading strategy?
It is a strategy that relies on determining the overall market trend (upward or downward), and then entering trades that align with this trend, rather than trying to predict market reversals.
🔍 Steps to use the Trend Trading strategy:
1. Determine the overall trend:
• If prices are making higher highs and higher lows → the trend is upward (Uptrend).
• If they are making lower highs and lower lows → the trend is downward (Downtrend).
2. Enter trades:
• Buy (Long) in an upward trend.
• Sell (Short) in a downward trend.
3. Use technical indicators (optional but useful)