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Answer:
A simple way of identifying trend is as follows. When price has made a high relative to a previous high, and a higher low relative to a previous low, it can be said to be in an uptrend. The reverse is true for a downtrend. Normally in an uptrend, when price is making a series of higher highs and higher lows, you'll want to buy a retracement to support, anticipating the next higher low. In a downtrend you'll want to short when price pulls back to resistance.
