Trend lines are a way for you to predict price because technical analysis is based on future predictions.
Trend Lines
– Trend lines have to hit the price points two or more times
– You can have a positive or negative trend
– They help you look at the future
– They can change angles at higher or lower slopes depending on how strong the trend is
– Trend lines can be validated with a third or fourth point
– Pay attention to trend line spacing or the distance between each point
– Tighter points have more validity toward the trend line
– Pay attention to angles: the steeper the angle of the trend line, the less validity its support and resistance has (because the price points are being climbed rapidly)
– Both upward and downward sloping trend lines can help you to predict future prices within technical analysis
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these indicators and trend lines look like Self Fulfilling Prophecies.
and if everyone is following this, you gain no advantage and something will upset the trend and expect a big break out up or down. whatever hurts you the most.
Another great video Sasha….Can you recommend a book that explains technical analysis in more depth?
Hey Sasha, first off thank you so much for uploading your insight and being a great teacher! I have been looking at trends and supports and resistance lines but it kinda hit me can I count on these things on say the five year scale?
I'm on Robbin hood and considering buying some stocks on eBay and they are currently at a great price and I see a pattern in the five year scale that could pay off along with increased ticket sales due to legalized gambling on the us that won't be prominent really till August when football starts.
Anyway I took from your video that theres a big psychological impact but that could be less consistent on a larger scale if most traders are watching the channels and trends on a smaller scale.
I. Not asking for advice on the stock just wondering if you feel trend analyasis is different at different scales of time.
sasha I love you.
He never really explained why trend lines exist.
Can one still make money on a down trend as the line goes up?
Love learning
Hi Sasha, what can you advise as "safe slope" (e.g. a threshold value) so that the trend can be considered consistent and reliable?
great video! A valuable learning for me and everyone.
Awesome video! Thanks a lot!
thank u Sasha that was really helpful 🙂
so how do i create an accurate trend line? do i base it off the lowest lows? how do i know if the stock just temporarily dipped below the trend line? great videos by the way
Thanks!
Thank you!
Thanks for the response. Hey what do u think of VRX at these levels? Do you think I should wait til it drops a bit more, buy now, or wait til a CEO is announced??
your videos are always helpful. thanks… i am just getting into trading… i love it
can any random person start investing in stocks? say a homeless man has some money, can he start investing ?
What does trend validation mean
stock is isolating or oscillating ?
Someone fart at 2:31 lol good video
Thanks Sasha. I just recently started trading binary options.This explanation was clear and easy to understand. I also subscribed to your channel to learn more. Thanks!
pure and simple teaching ….. thankyou sir
(everything made simple but not simpler — einstein)
Love the vid u explain it to the tee.