History of Japanese Candlestick Analysis
Learn the origins and evolution of Japanese candlestick analysis.
Advanced
Understanding Trend and Trendlines
Master the art of identifying trends and using trendlines effectively.
Level:
Advanced
- Lessons
- /
- Understanding Trend and Trendlines
This lesson will show you how to identify the direction of the market by using trends and trendlines, and how to incorporate them in your trading activity, in order to determine potential entry and exit points. You will also learn to draw trendlines on various charts using our interactive charting tools, and gain a better understanding of price action and market sentiment. This will give you a better understanding of various market dynamics.
We will also provide you with guidance on how to differentiate between strong trends, ranging and corrective periods, as well as support and resistance levels. With the knowledge you acquire in this tutorial, you will be able to identify trend changes and to maximize your trading performance while using trends and trendlines effectively.
