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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23 COMMENTS

  1. 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.

  2. 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.

  3. 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

  4. 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!

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