Price: $12.99
(as of Jun 08, 2025 16:12:30 UTC – Details)
Trendline trading is a popular and profitable technical analysis technique used to identify trends in financial markets. In this book you will get my secret most profitable trendline concept that I use to grow different trading trading accounts irrespective of the account size.
Here are some key concepts you will learn in this comprehensive crash course about trendline trading
What are trendlines? Trendlines are lines drawn on a chart that connect two or more price points, with the goal of identifying a trend in the market. An uptrend line connects a series of higher lows, while a downtrend line connects a series of lower highs.
Types of trendlines: There are different types of trendlines, including support lines (drawn below the price action to indicate potential buying opportunities), resistance lines (drawn above the price action to indicate potential selling opportunities), and channel lines (drawn above and below the price action to indicate a range-bound market).
Drawing trendlines: Trendlines are usually drawn by hand on a chart, and there are certain guidelines to follow. The more price points that a trendline connects, the stronger it is. Trendlines should also be drawn to intersect with as many price points as possible, rather than just fitting them to a particular section of the chart.
Using trendlines to identify trends: Trendlines can be used to identify the direction of the trend in the market. An uptrend is indicated by a series of higher lows, while a downtrend is indicated by a series of lower highs. When a trendline is broken, it can indicate a potential reversal of the trend.
Using trendlines to identify support and resistance levels: Trendlines can also be used to identify key support and resistance levels. When a support line is broken, it can indicate a potential selling opportunity, while a break of a resistance line can indicate a potential buying opportunity.
ASIN : B0BW2X8XXV
Publisher : Independently published
Publication date : February 15, 2023
Language : English
Print length : 101 pages
ISBN-13 : 979-8377522409
Item Weight : 11.5 ounces
Dimensions : 8.5 x 0.23 x 11 inches
Reviews
There are no reviews yet.