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There is no trend that lasts forever, and this is precisely where people lose the most of their money.
When people are pessimistic (Bearish) and the trend turns bullish, they do not accept it and continue to open sell positions against the market.
And when people are optimistic (Bullish) and the trend turns bearish, they do not accept it and continue to buy the dips.
Let’s discuss when the market changes to a bullish trend.
When the market breaks the bullish trend, you will notice that it breaks the level of "higher low" (Higher Low). Once the price does that, you can change your view from bullish and waiting to getting a new bullish confirmation.
Some people prefer to take profits from buy positions when the trend breaks, while others prefer to open sell positions, depending on the type of traders and their strategies.
Image number 2 is a live example of the price breaking the trend.
It shows the latest movement of Bitcoin's price when it broke its bullish trend, and notice how Bitcoin has continued to decline since then.
This is an excellent strategy you can use as a trend trader, and as I always say: trading becomes easy when you trade in the direction of the trend.
