Trends

Expert opinion: Trades against the primary trend can have a lot of potential if you manage to catch the moment of a turning point. However, the risk of this kind of trading is increased many times over, since the chance of making this kind of trade successfully is low.

Expert opinion: The ability to recognize primary trends significantly increases the effectiveness of trading because it makes it possible to determine the general direction for opening positions. Other technical analysis instruments will allow you to find the best possible moment to make a trade on trend.

Expert opinion: As a rule, a weakening or eding tendency can be indicated by a breakthrough of the level of support for an upward trend or the level of support for a downward trend. This is usually a signal to close a position previously opened on trend.