Trend lines are effective methods to trade on charts. But it needs a lot of practice before you trade using any trend lines. Many new traders just jump on to trade when there is a trend break out. I my experience of over a decade most of the new traders don’t effectively draw trend lines. Yes, this is true, you may be drawing a wrong trend line!
You are insane if you are just trading on breakouts, you need to consider many things like size of the trend, volume, momentum, candle shapes and many many more. Remember, Technical analysis is an art and any art must be practiced before jumping into Olympics.
In the above video we have tried to explain you a simple method to draw trend line. Watch the video and don’t forget to leave a comment below. It’ll keep us motivated and We’ll share many more free videos.