How to better track the market trend？

In the previous article, we introduced the composition of a candlestick, while what was revealed by the candlestick is not even close to being enough for market trading.

Hence, what can we do when tracing the trend? Let's find the answer together.

Trend tells the overall direction where the market moves. We have different kinds of trends, like upward trends, downward trends, and sideways.

To understand the trend, we should go through the support and resistance levels first. Support and resistance levels in trading are important indicators, which help traders gain extra insight into the strength of a price trend.

As “buy low, sell high” is applied to most trading activities, it is important to identify a trend and trade with it rather than go against it.

Can't wait to learn more about it? Follow Cici and always keep an eye on Cici's sharing!

For any questions, contact Cici whenever needed~

Cici always stands by for any questions or suggestions and will answer them as soon as possible.