🔥SECRET METHOD TO IDENTIFY LONG TERM TREND:VOLUME PROFILE+POC🚀

🔥Hi, friends! Trend is the most important thing in trading, so you have to know how to identify it and be a successful trader.

In this idea, I will explain to you the most easiest and useful method for trend identification. I know that you haven't heard about that.

📊 THE INSTRUMENTS WE USE TO IDENTIFY THE TREND:
🔥 Fixed Range Volume Profile (FRVP)
🔥 Point of control or POC
🔥 Bitcoin monthly candles/bars. They help to identify the long-term trend without local noise

✅IF YOU WANT TO UNDERSTAND IF THE BULL MARKET BEGINS AND CONTINUES, YOU NEED:
1. Use the Volume Profile. Just pick it at the left side of the TradingView chart at "Prediction and Measurement Tools".
2. Stretch the volume profile on a monthly candle/bar.
3. After this you will see the Point of Control (POC, red line) which shows you where the most liquidity is concentrated.
4. If the price continues to close above the POC each month, this means that we have a healthy bull market.

5*. If you see that the monthly candle is close below the POC, you need to be more careful with your trends. This can indicate about a trend change, but it happens at least 1 time in the middle of the bull market.

Check the precious bull market. Thats work perfectly!

🚩You can check if it rule works for the BEAR market and write it in the comments.

📊 WHY IT'S IMPORTANT TO UNDERSTAND THE LONG TERM TREND
I know that you guys know the most famous trading quote: "Trend is your friend.". Naive but very useful recommendation.

The understanding of the long term trend helps you to reduce 50-70% of your losing trades and increase your winrate at least to 60-80%:
🔥 you can use only trend following strategy and make much more money (open only long trades on bull market or open only a short trades on bear market)
🔥 reduce the risk when opening a trade against the trend and cut the losses.

🚩 Additionally, if you buy crypto (BTC, ETH or other alts) on spot, you can use this method to buy and hold crypto till BTC not change the trend. This method helps you to make a huge profit.

So friends, this 5 min educational idea helps you to grow your deposit much faster and don't get big losses during the trading.

Traders, was it useful for you? I know I have is a lot of experienced traders. Write your most useful trading tips in the comments to help the newbies.

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.