❓ Question#chart-analysis
P
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?
Smart Money · ICT · Price Action
Price Action Pro
Trader · · 218 views
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.
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.