Draw through the edges of the price clusters instead. Those tails represent fear and greed, not genuine market consensus.
The highest-probability reversal setups occur when a trendline touch aligns perfectly with a major Fibonacci retracement level—specifically the 50% or 61.8% golden ratio. When diagonal support matches horizontal Fibonacci support, institutional buy orders cluster heavily. 19. The Multi-Touch Parallel Channel
Never trade a trendline in isolation. A trendline is strongest when it intersects with: Horizontal support/resistance levels. Moving Averages (e.g., 50 EMA). Fibonacci Retracement levels (50% or 61.8%). trendline trading strategy secrets revealed 21 full
There is no fixed rule, but consistency is key . Aim for the most points of contact and confluence without cutting through the candle bodies.
Trendline trading remains one of the most powerful, "dead-simple" methods used by professional traders to capture maximum profits with minimal effort. Whether you are a beginner or looking to refine your technical analysis, mastering trendlines can provide a high-probability edge by stacking the odds in your favor. Draw through the edges of the price clusters instead
What is your preferred ? (Day trading or swing trading?) Do you prefer trading trend continuations or reversals ? Share public link
Where exactly do you draw the line? Through the wicks or through the bodies? A trendline is strongest when it intersects with:
The speculative peak tops out, price crashes violently back through the original trendline, triggering a massive, rapid selloff.
: If you have to bend the line or "force" it to fit the candles, the trend is likely not there. Valid trendlines should be immediately obvious upon looking at major swing highs and lows. Key Execution "Secrets" Trendline trading strategy secrets revealed