Trading Discussion TREND IS OUR FRIEND

theolove2021

New member
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The trend is our friend, that is what big players in this forex business said, right?

Yeah, it is true, we should follow the trend in order to make a good gain.

But, the trend doesn’t go forever. At some point, it has to stop or has to reverse.

So the question is how to identify the trend reversal?

For that, first, you have to identify the trend structure. Have a look at the two charts below.

In an uptrend, the market creates Higher Highs and Higher Lows.


Theophilus S. Adewumi
 

Wisdom01

Valued Contributor
There are both bullish and bearish trend in the market , but finding the right trend in the market is part of the key to a successful trade , because you could easily see the right point to place a position to make your trade because trend don't go forever
 
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