Sir after finding the trendlines what will help us to find whether it bullish aur bearish?👀
SnEmroz
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Day 3: TrendLine
Imagine your ex trying to come back into your life. They test the waters, poke around, then vanish again. Congrats — you just met a trendline retest!
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What is a Trendline? A trendline is just a line that tells you which direction the market is walking — like a leash for a very naughty crypto.
Draw it by connecting two or more swing highs (for a downtrend) or swing lows (for an uptrend). That’s it. It’s like drawing a line under a lazy student’s grades to see if they’re falling or rising.
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Why Do We Use Trendlines? To see the trend clearly To find good entry points
To avoid random trades like throwing a dart blindfolded
--- How to Draw It : 1. For Uptrend: Connect 2 or more higher lows. 2. For Downtrend: Connect 2 or more lower highs. 4. Sidewise Trend : 3. Don’t force it. If it doesn’t fit, it's not a trendline, it's wishful thinking.
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Example: Meet Bob. Bob sees price going up, so he draws a line under the candles. He calls it his “friendline.” Price touches the line, bounces up, and Bob screams: "It respects me!!" One day, price breaks the line and crashes. Bob yells: "It betrayed me like my ex!"
Lesson? Trendlines are not your best friend forever. They break.
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Golden Rule: Never trade just because it touches the line. Add confirmation like MACD, RSI, volume… or your grandma’s bad vibes.
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Hot Questions & Answers
Q: How many points do I need to draw a valid trendline? A: At least 2. But 3 makes it stronger — like a group chat gossip.
Q: What happens if trendline breaks? A: Trend might change. Prepare your emotions. It’s not the end of the world, just the start of sideways pain.
Q: Can trendlines lie? A: Yes, especially if you draw them drunk.
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Quick Tips: Zoom out. 15-min trendline isn’t God’s word. Combine with candlestick patterns for sniping entries Respect the line… but don’t marry it
--- Last Opinion : If price bounces on the trendline — respect. If price breaks it — react.
And if you learned something today, Like. Share. React. Or next time your trendline will break just before you click Trendline.
Here is Day 2 Class See you tomorrow with next class, till than stay happy stay learning. @CZ
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.