If there is no trend, you should grow slowly; when a trend comes, you should increase your position and work hard.
Three elements of a trend:
1. The slope of the moving average increases
2. The moving average is arranged in a bullish pattern
3. The price respects the moving average
Once a trend comes, you should completely change your mindset. Otherwise, you should not expect a big price retracement, but start working when the price reaches a key position.
If you want to know more about the relevant knowledge of the currency circle and the latest cutting-edge information, click on the avatar to follow Sponge, which publishes market analysis and recommends high-quality potential currencies every day.