Stock Trading Beginner Course: Lesson 10 - HOW to DRAW TRENDLINES!
👨🏼🏫🎯📝:
Today we will take a look at the diagonal supports and resistances called trendlines! I want to identify how to PROPERLY draw them and what is okay and not okay for a beginner to do.
We will identify the proper way, and order to do these steps and show some great examples. Over 7 charts of really good examples.
We will then show how you HAVE to make patterns from the same SWING move.... this is never discussed but such an important piece of knowledge for people to understand. This will save you a bunch of heart ache.
After that we establish that - we will find bearish patterns that form in BULLISH SETUPS. These are hidden usually and slept on when it comes to actually executing proper entries. These are not the end all be all - but it is important to notice them when they form!
After that we look into channels!
0:00 - Intro
1:44 - Chart 1
6:06 - Chart 2
11:09 - Chart 3
13:00 - Patterns Come From Same Move?
17:50 - Chart 4
21:04 - Chart 5
22:59 - Chart 6
25:00 - Chart 7
27:26 - Broadening Wedge
29:23 - Bump & Run
31:52 - Outro
*Obviously not financial advice. All decisions are your own. This is for entertainment.*