Introduction
As technical analysis is based on the assumption that prices trend, trend lines are essential for trend identification and also confirmation. A trend line is a straight line connecting two or more price points. Many of the principles that apply to support and resistance levels also apply to trend lines. Before proceeding, it is critical that you should understand all of the concepts presented in our webinar. This webinar particularly aims at getting a more detailed understanding of how trend lines work. Trend lines are very simple tools and easy to apply yet yield very good results. We will engage in a discussion about its application and how to develop the eye to track and handle types and patterns of trend lines. This application will later help to understand how the Chart pattern emerges out of it. We will have a pattern-by-pattern discussion and the hidden dynamics that they have within them. Further, how do we evaluate the chart pattern authenticity and ability to measure them in terms of risk and rewards they carry while they unfold?
Objective
1. Simple tools can yield powerful results while charting.
2. Find appropriate trend reversal based on confirmation.
3. Chart Pattern Setting Stage for major trend commencement & Reversal.
What You Will Learn?
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