Trendlines

٢٢ سبتمبر ٢٠٢٣

How to use trendlines.

Pretty easy. You see a increase in price?
Try and find the bottoms of the candles and draw an ascending trendline

You see a decrease in price?
Find the tops of the candles and draw a descending trendline.

See a decrease in volatility?
Find the bottoms and tops and draw a symmetrical triangle.

See an increase in volatility?
Find the bottoms and tops once again and draw an expanding wedge.

A basic explanation of trendlines