Hello traders 👋
Today im sharing my trading strategy with trendlines. It's my first education post, so maybe a lot of mistakes. Please don't take it the wrong way, thank you.
Let's talk about lesson
What are Trend lines?
Trend lines are diagonal lines that are drawn on charts in the financial markets trading. Trend lines are used to highlight , visualize ,...
Whenever i see a trend-line break , but not a follow-through move, i draw a parallel Trend line to the new low made.
And if the price break this new trend-line, then the chances of price follow through becomes high.
Hence nifty is sell below 8980 levels.
Do not follow blindly, please do your own research.
Trendlines can be super powerful! Draw them onto the tops of the wicks of the candles, do not 'make them fit' and always be wary for a retest to get that sniper entry!
