Technical Analysis using Trendlines Trading Strategy
If you are an experienced trader, you must have heard about RRR (Risk Reward Ratio) and how it should be taken into consideration for consistent profitable returns to grow your trading account. Breakout is the most popular strategy used by traders to generate consistent returns as it enables you to get the most RRR ( Risk Reward ratio).
Trendlines along with flat lines are the two most popular ways to identify the breakouts in the time frame considered. Below is a trading webinar I had done for my subscribers describing in detail about trend lines. In particular, I talk about
1. What are trendlines?
2. How to draw trendlines?
3. How not to draw trendlines?
4. Technical pattens formed using trend lines like Triangles, wedges, flags and pennants.
Trendlines trading strategy is very effective when used with fib lines along with ichimoku cloud . Do subscribe to our blog by scrolling down and filling your email below to receive timely updates on market trends, trading opportunities, crypto updates, short term and long term investments and much more.
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