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Question#chart-analysis
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Price Action Pro

Trader · · 218 views

How do you identify a valid trend?

I struggle to determine whether a market is trending or ranging. What is your method for identifying a valid trend?
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Trading Wolf

Trader · 15 days ago

Higher highs and higher lows = uptrend. Lower lows and lower highs = downtrend. Simple but powerful. Also check EMA 20 slope — if it is angled up, trend is up.

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Trading Wolf

Trader · 15 days ago

I use EMA 50 on the daily chart. Price above EMA 50 = look for longs. Price below = look for shorts. Only trade in the direction of the higher timeframe trend.

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