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Samples of Resistance Trendline Becoming Support (RBS)


Samples of Support Trendline Becoming Resistance (SBR)


Samples of SnR Trendline


There are two ways a trader can use to pull the trendline:

1. From body to body
2. From shadow to shadow

No compromise in using both of these methods as you can use them both at the same time. All methods are valid for all currency and commodity pairs.




Trendlines can act accordingly to the market behaviour similar to SnR.

What was that? Trendline can act just like SnR? Yeap, you read that right.

The only difference is in identifying the setup. The concept is still the same.

Below are types of trendlines:

🔘 Major Trendline (Pulled from a big Timeframe like H4, D1, W1 & MN)

🔘 Minor Trendline (Pulled from a small Timeframe like M1, M5, M15, M30 & H1)

🔘 Trend Trendline (Pulled from a big time frame to identify the market’s trend eg. Bullish Trend or Bearish Trend)

🔘 Support Trendline (Any Timeframes)

🔘 Resistance Trendline (Any Timeframes)

🔘 Support becomes Resistance Trendline, SBR (Any Timeframes)

🔘 Resistance becomes Support Trendline, RBS (Any Timeframes)

Take note on the types of trendlines guys because we’ll be using all of them. Not even one will be left out. So you need to understand what they mean okay? 🤗




Sample of an UPTREND trendline.

Our UPTREND focuses on BUY. Be sure to BUY once it hits the BLUE line.


Sample of a DOWNTREND trendline.

Our DOWNTREND focuses on SELL. Be sure to SELL once it hits the RED line.


Topic 2: Trendline

TRENDLINE happens to be a line where we mark the shaping fo a trend, be it to predict an elevating trend (UPTREND) or a lowering trend (DOWNTREND)

How does the trendline work?
📈 BUY at TRENDLINE UPTREND
📉 SELL at TRENLINE DOWNTREND




Hi guys ! We'll start learning about trendlines today ! You ready ?
Опрос
  •   Yes Eddy I'm absolutely ready !
  •   Okay I 'll get my notebook set up now !
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I already give technique NEWS

So don't forget to learn 10 days how to analysis NEWS by E-video

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@eddybanker


I need your cooperation yeah guys! Please answer all the quizzes I’ve done above before we move on to the next topic later!

Btw, to mark SnR, we need to start looking for it in these timeframes: Weekly-Daily-H4.

Higher Timeframes = Strong SnR




Last one!

We can see on the left side two rejections in the Resistance Zone. Hence, we mark it with a box as a Strong Resistance.

When the price gets back to the Resistance Zone on the right side, we look for sell as there is a strong resistance zone!


Now this!

On the left side, we see one Support Zone with strong rejection (Candle Peaks)

So we can decide on the right side to buy as we look for buy in the Support Zone, not sell.

When we analyse the chart using SnR, Always look to your left as the data for us to analyse is on the LEFT SIDE.




Okay now look at this!

When we want to analyse, it’s mandatory to look on the left side first as that is the data given. Once we have identified the data on the left side, only then we decide whether we want to buy or sell.

On the left there are 3 rejections in the Resistance Zone. Hence, that is an indicator that the resistance is strong. When the price is on the right side reaches the Resistance Zone, it will breakthrough the strong Resistance Zone. Hence, it is automatically considered as a Breakout Resistance.

When it hits Breakout Resistance, we turn the Resistance Zone into Support (RBS), wait for the price to reach and we enter BUY.



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