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The Complete Guide On How To Use Trendlines

From tradeciety.com

Trendlines are one of my favorite trading tools because they allow us to explore market psychology and trends in many different ways and they are also universally applicable across timeframes, markets and market conditions. In this article, I will give you a complete introduction to trendlines and how to use them in your trading. Generally speaking, it is advisable to wait for three confirmed points of contact before you start putting further attention to a trendline. Most traders make the mistake and connect the first two highs or lows and then get overly excited once the price gets there again. However, a trendline ... (full story)

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