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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.
Ahmed-700 Ahmed-700 NAS100, W, Long ,
NAS100: NAS100 - Global turning zone and channel limits.
176 0 11
NAS100, W Long
NAS100 - Global turning zone and channel limits.

NAS100 - Global turning zone and channel limits.

NelsonVanAlden NelsonVanAlden BTCUSD, 240,
BTCUSD: BTC bottom or ABC correction on short term bearish trend
269 0 4
BTCUSD, 240
BTC bottom or ABC correction on short term bearish trend

Follow the arrows. 2 Scenarios. One is a correction, one is a double bottom/higher low. The pipedream you can have for free

thor08 thor08 BTCUSD, 1W, Short ,
BTCUSD: Down: Next stop 5K area.
197 0 2
BTCUSD, 1W Short
Down: Next stop 5K area.

Upon my Fib. Structures, I estimate price my bounce around 5.5K, but with this strong momentum down, it is very difficult to predict a real bottom. Indicators are not good fitted for this kind of trends. Good luck ! :)

mckean mckean BTCUSD, D, Short ,
BTCUSD: BTC down trend to 5800 April
389 0 2
BTCUSD, D Short
BTC down trend to 5800 April

if btc stays in this downward trend 5800 major support needed. but I know nothing. simple chart from a simple mind.

enmneves enmneves EURUSD, 120, Short ,
EURUSD: EURUSD
95 0 1
EURUSD, 120 Short
EURUSD

DOUBLE TOP

richforeign richforeign PRO CHFJPY, 240, Short ,
CHFJPY: SHORT CHF/JPY
11 0 0
CHFJPY, 240 Short
SHORT CHF/JPY

THANK ME LATER.

evert.tracks evert.tracks GOLD, 1D, Short ,
GOLD: 16-Feb-2018 Gold correction... (Daily)
15 0 0
GOLD, 1D Short
16-Feb-2018 Gold correction... (Daily)

Gold rose nicely yet approaching the resistance zone. Short price signals formed on 1hr, 4hr timeframe and it looks like a price signal is forming on the daily.... so I've entered on the sell-side. ATR: 14 2N: 29 ENTRY: 1352 STOP: 1381 R1: 1338 R2: 1324 R3: 1309 Hmmm... I am developing a contrarian habit because the line of least resistance on gold is up!

crooksy crooksy GBPUSD, 15,
GBPUSD: Imminent pennant formation breakout GBP/USD
14 0 0
GBPUSD, 15
Imminent pennant formation breakout GBP/USD

Imminent pennant formation break out coming back on trend line support. Get on it! If break out goes long you can see my SL/TP on the chart, SL on previous low and TP target on the high of the pennant. But could go either way. I am going to wait to see how it plays out before making a decision. Good luck if you take the trade

NewtraderMitch NewtraderMitch XRPUSD, 60, Long ,
XRPUSD: long XRP if A=B=C
32 0 0
XRPUSD, 60 Long
long XRP if A=B=C

Long on XRP as long as the price holds above the blue box's. Just my 2p

lmacgmt lmacgmt USDJPY, 1D, Short ,
USDJPY: USDJPY SHORT
39 0 0
USDJPY, 1D Short
USDJPY SHORT

USD/JPY SHORT, break of the box it has settled in for the past few weeks. Looking for a close outside the box and a retest of the underside of this box or the supporting weekly trend line it has also broken before entering a 3:1 risk reward trade.

evert.tracks evert.tracks USDCAD, 1D, Short ,
USDCAD: USDCAD 12-Feb Short price action
11 0 0
USDCAD, 1D Short
USDCAD 12-Feb Short price action

A short price action on USDCAD ATR : 0.0095 ATR 2N : 0.0190 STOP: 1.2755 ENTRY: 1.2565 R1: 1.2470 R2: 1.2375 R3: 1.2280

Too_Ray1 Too_Ray1 PRO EURUSD, 1D, Long ,
EURUSD: EURUSD LONG
34 0 1
EURUSD, 1D Long
EURUSD LONG

FOREXCOM:EURUSD long

zakariaesd zakariaesd EURCAD, 1W,
EURCAD: EURCAD
7 0 0
EURCAD, 1W
EURCAD

EURCAD weekly Buy

zakariaesd zakariaesd GBPJPY, 240,
GBPJPY: gbpjpy
18 0 0
GBPJPY, 240
gbpjpy

gbpjpy Sell Now

zakariaesd zakariaesd CHFJPY, 60,
CHFJPY: CHFJPY
9 0 0
CHFJPY, 60
CHFJPY

CHFJPY Sell Now Sl= 116.099 Tg = 114.822

chefjohnny chefjohnny AUDJPY, 30, Short ,
AUDJPY: AUDJPY Bearish Setup SHORT
18 0 0
AUDJPY, 30 Short
AUDJPY Bearish Setup SHORT

OANDA:AUDJPY AUDJPY could be about to make a bounce either between 85.124-85.063 or could be reaching for 85.313, we do have a bearish trendline through 85.124-85.063 I would be looking to take profit at 84.018 and 83.550

zakariaesd zakariaesd USDCAD, 1D,
USDCAD: USDCAD
16 0 0
USDCAD, 1D
USDCAD

USDCAD buy

zakariaesd zakariaesd USDCHF, 1D,
USDCHF: USDCHF
14 0 0
USDCHF, 1D
USDCHF

USDCHF

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