Tag: how to draw trendline?

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How to perform Multiple Time-Frame Analysis? Getting Started with Multiple Time-Frame Analysis

Mar-How to perform Multiple Time-Frame Analysis? Getting Started with Multiple Time-Frame Analysis Multiple time-frame analysis Let us imagine a juggler, using two identical balls. At some point, the two balls will be at exactly the same height — with one going up, and the other coming down, gravity forces are playing out here. Both are moving under…
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What is the difference between Trend and TrendLine?

In the previous episodes, we discussed about various rules on identifying the trend. Now it is time to add one more rule to it. A TRENDLINE CONNECTING TWO VALLEYS OR PEAKS DOES NOT NECESSARILY MEAN THERE IS A TREND We use trendlines to connect last two obvious impulses (valleys and peaks) and detect potential imbalances…
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What is the difference between an Impulse and a Correction?

IMPULSES versus CORRECTIONS Before going deeper into understanding how impulses and corrections help us define a trend, let me remind you of this. Supply and demand imbalances are made of impulses but not all impulses are imbalances. Each timeframe has its own trend, this is why it’s mandatory that we make a multiple timeframe top…
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What are Exceptions and resets in a Trend?

Exceptions and resets In the last episode, we discussed what is over extension, how to identify over-extension and how we can draw an aggressive trend line and once this trend line is broken, how we need to realign. But there is an exception to this rule. Over-extension and thus an aggressive trend line can be…
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What is Over-Extension? (or) What is Trend Over-Extension?

OVER-EXTENSION Having explained what are the different types of trends and trend consolidation is and what criteria need to be fulfilled for each of those scenarios and how a trend changes, we can look at the concept of over-extension. As discussed in the previous episodes, we can draw two types of trendlines. · Downtrend line…
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How to identify whether we are in Bearish Trend Consolidation?

In previous 3 lessons we have seen 3 different types of trends (i.e) “How to identify whether we are in an uptrend or downtrend or bullish consolidation”. Now we are moving to next type of trend, which is bearish consolidation. In this video, we are going to see the rules to define and identify a…
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How to identify whether we are in Trend Consolidation?

How to identify whether we are in Consolidation? In previous lessons we have seen different types of trends and “How to identify whether we are in an uptrend and downtrend”. Now we are moving to next type of trend, which is consolidation. CONSOLIDATION There are 2 types of consolidations — Bullish and bearish consolidation. · There are…
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How to define an downtrend? How to identify and trade using downtrend?

How to define the trend? How to identify whether we are in a downtrend? In previous lessons we have seen different types of trends and “How to identify whether we are in an uptrend (or) whether uptrend has officially started”. In total, we have 4 stages: 1. An uptrend 2. A downtrend 3. A broken…
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How to define an uptrend? How to identify and trade using uptrend?

How to define an uptrend? In previous episode we have discussed about 4 different types of trends or 4 different stages of market move. They are 1. An uptrend 2. A downtrend 3. A broken uptrend to the downside a.k.a Bullish consolidation 4. A broken downtrend to the upside a.k.a Bearish consolidation In this episode,…
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What is Trendline and why trendline is important in trading?

What is Trendline and its importance?
As technical analysis is built on the assumption that prices trend, the use of trend lines is important for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance.
Many of the principles applicable to support and resistance levels can be applied to trend lines as well.
Supply and Demand zones are horizontal Support & Resistance whereas trendlines are dynamic Support & Resistance

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