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In this video, I show you the BEST and MOST SIMPLE trendline trading strategy that NO ONE talks about. Combine trend lines and price action is one of the most important trading concepts you must learn, understand and apply in order to be a successful trader. We use trend lines for two reasons. The first reason we use trend lines is because trend lines can act as a form of support or resistance. The second reason we use trend lines is because they can tell us that a trend is reversing.
The main trading utility we use trend lines for is in combination with our price action trading strategies. The first way we combine trend lines with our trading strategies is for trend trading. The second way we use trend lines with our trading strategies is for reversal trading. Trend lines are the most effective when paired with other forms of price action such as candlestick patterns, price action patterns and top down analysis
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timestamps:
00:00 Step 1: How to draw a PERFECT Trendline (that works)
01:00 Step 2: Entry Strategy (When to Enter for the trade)
02:56 Step 3: Exit Strategy (MUST WATCH) IMPORTANT
07:24 My Trendline Break Strategy in ACTION
12:00 How I Personally Trade this trendline break strategy
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