In this video it's shown how to draw trend lines correctly on candlestick charts. First identifying trend lines is explained for beginners and then how to draw trendlines on candlestick charts. Learning how to identify trends and how to draw trend lines correctly is important because trends and drawing trend lines are the basic concepts of technical analysis, and it is an essential skill that must be developed. Trendlines trading strategy is one of the most popular trading strategies, and having a trading strategy based on trend lines like trendline breakout strategy, or trendline pullback strategy is very common among traders. Trend line trading strategy can be used in day trading, scalping, swing trading, mid-term trading or long-term trading, and drawing trendlines on stock charts, forex, crypto, or any other financial market can effectively help you in trading. Trends are the key concept of technical analysis and learning how to identify trends and how to draw trend lines correctly is an important skill that must be developed for trading.
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