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Trend Lines

Trend lines can be used to identify and confirm trends. A trend line connects at least 2 price points on a chart and is usually extended forward to identify sloped areas of support and resistance. Lines with a positive slope that support price action show that net-demand is increasing. As long as the price action stays above this line, we have a bullish trend. Lines with a negative slope that act as resistance to the price action show that net-supply is increasing. As long as the price action stays under this line, we have a bearish trend.

Price usually retests a sloped trend line several times, until it breaks at which point we may have a trend reversal. The more points there are to connect, the stronger a trend line becomes. Different strategies have different rules on how far apart connected price points can be and whether to connect wicks or candle bodies, but all trend lines break eventually. TradingView has a smart drawing tool that allows users to visually identify trend lines on a chart. This tool can also be used to illustrate trends on indicators.
BartoszNowakowski BartoszNowakowski BTCUSD, D, Long ,
BTCUSD: Ups and downs till the end of year
575 2 15
Ups and downs till the end of year

If you take a look into a chart in a longer perspective, you'll see we're in the beginning of third phase of rocketing the BTC. History shows that couple of weeks before the top we're seeing one tryout (which already happened last week with ~5900), step back into 5300 in order to refuel (lasting for around 7 days) and one nice rising trend straight to another ...

TradeReact TradeReact XRPUSDT, D, Long ,
XRPUSDT: Ripple is a CLEAR BUY from 0,18 cents. Don't let market fool you
291 2 4
Ripple is a CLEAR BUY from 0,18 cents. Don't let market fool you

Before the doji candle there was a full bullish candle without wigs. This is a REAL STRONG BULLISH SIGNAL in price action. There was a fake out doji after it. Price is doing nothing more then building a new Bullish Wedge. That is about to breakout to the upside. Ofcourse fundamental news from the Swell conference will help. Although you often hear Buy the rumour, ...

Mikeeeeee Mikeeeeee BTCUSD, M,
BTCUSD: linear grow in log scale doesnt fit the direction ...
153 0 8
linear grow in log scale doesnt fit the direction ...

... we are pointing at If we stay at the current grow rate we get to 100k$ at 2030: https://www.tradingview.com/x/RHpj7vhM/ this linked image shows it in normal scale. this published idea here shows this linear grow to 100k$ in log scale (blue) --> meaning our current grow rate is still low, because we would make a sharp break in log scale when we follow the ...

Mikeeeeee Mikeeeeee BTCUSD, 60,
BTCUSD: last two triangles
184 0 7
last two triangles

last two triangles didnt broke up because we would break out of the linear grow (orange trend lines; zoom out to see)

jacobyap jacobyap BTCUSD, D,
BTCUSD: Bitcoin - Rising channel
192 0 5
Bitcoin - Rising channel

Rising channel resistance. This doesn't mean it cannot breakout.

Acorcia Acorcia AUDUSD, 60, Long ,
57 0 6
AUDUSD, 60 Long

Long after the break of the lag

disaresta disaresta PRO GBPNZD, 300, Short ,
GBPNZD: Head&Shoulder on GBPNZD
32 0 5
GBPNZD, 300 Short
Head&Shoulder on GBPNZD

There is a H&S pattern completion on GBPNZD. You can either shorting now or wait for the neckline retest for conservative approach.. Target placed with an equal length as Head to Neckline distance from the breaking point. Please trade with care :)

Hectictraders Hectictraders BTCUSD, 60, Long ,
BTCUSD: BTCUSD short term Long idea on triangle
113 0 4
BTCUSD, 60 Long
BTCUSD short term Long idea on triangle

BTCUSD make symmetrical triangle and if btcusd break triangle then this going up

Mikeeeeee Mikeeeeee BTCUSD, W,
BTCUSD: is that something?
125 2 2
is that something?

The pattern in 2013 looks like the pattern from 2014 until now. The green line hits exactly the current price from the two highs in 2013. just nonsense or is that something? :D

richard7_ richard7_ EURUSD, 240, Long ,
EURUSD: Long in EURUSD pair
51 0 4
EURUSD, 240 Long
Long in EURUSD pair

After break a triangle, the pair backs to the main aera and now its good time for go long with EURUSD.

eazywayout eazywayout PRO NZDUSD, 240, Short ,
45 0 4
NZDUSD, 240 Short

Looks like price retraced back to strong resistance, 200 EMA playing on that as well. Price seems to be trapped so I am waiting on a close below the red rectangle & possible retest to visit its recent low. Potentially break that level & touch its daily uptrend line. Price is making lower highs & lower lows at this time.. Trade with care!

wierzbix83 wierzbix83 BTCUSD, 15, Long ,
BTCUSD: BTCUSD consolidation breakout
77 0 3
BTCUSD, 15 Long
BTCUSD consolidation breakout

It seems that consolidation lasts quite long and the market has grown to make the next move. I personally reduced BTC exposure during the ups and downs and now I bet both sides on both sides of consolidation playing some small amount of shorts and longs inside consolidation. The situation does not look good for the bulls as there were 2 failed attempts to form the ...

disaresta disaresta PRO XAUUSD, 45, Short ,
XAUUSD: Short Term Trading On XAUUSD
57 0 3
XAUUSD, 45 Short
Short Term Trading On XAUUSD

Broken pennant and recent support makes the previous support area becomes resistance. With momentum still pointing down this trade got a good RR ratio and quite decent to be traded. Please trade with care :)

JuanTPerez JuanTPerez PRO USDJPY, M, Long ,
51 0 3

I think that this pair is holding on in consolidation to boost up the price. Not a Signal Just My analysis.

eazywayout eazywayout PRO GBPCAD, 240, Long ,
55 0 3
GBPCAD, 240 Long

Will be looking to take this pair long during GBP news in 3 hours if good data, If weak data ill be watching GBPAUD. Price now above daily support & right below the 61.8 fib. News will break this fib & continue to the upside depending on the data. Watch for break of Weekly downtrend line & retest for a long term long making potential higher highs & lows.

UmarAbdurRehman UmarAbdurRehman PRO GBPUSD, 60, Short ,
44 0 2
GBPUSD, 60 Short
GBPUSD-Short term

Cable broke the bullish channel today, i am looking to short around 1.3219-43 for a target to 1.3106, Stop above 1.3292

FX_General FX_General NZDUSD, 240, Long ,
42 0 2
NZDUSD, 240 Long
NZDUSD 4HR Channel

Info on chart.

rludvik rludvik DASHEUR, 240,
DASHEUR: DASHEUR - like Russian Babushka ;)
15 0 2
DASHEUR - like Russian Babushka ;)

These triangles remind me a bit on Russian Babushka - you know, little wooden doll inside a little bit larger, inside a little bit larger etc. :) Let's just monitor this market, breakout through current triangle limits and support or resistance could lead us to levels, marked on chart for both scenarios.

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