Most people who come across technical analysis are immediately drawn to trendlines because of their simplicity and subjectivity. Trendline analysis is a powerful and essential tool in identifying the direction and strength of the emotions of market players. The ability to set a trendline is extremely important for any investor. Whether investors are trading on the stock market (including securities and futures) or investing in the cryptocurrency market, a trendline can help traders identify selling and buying opportunities within a strong trend.
In this course, you will learn to follow a particular trendline, whether it’s bullish, bearish or neutral. Identifying trends is the first step in making a good trade. Then you can anticipate future price movements of the tradable asset. You will find crucial information about support and resistance levels in volatile stocks from the trendlines. James Lim, the instructor of this course, discloses how he sold at the beginning of the 2020 pandemic stock crash and bought back at the bottom of the market using the trendline strategy.
Using trendlines, you will discover one of the few easy and essential techniques that really work. Additionally, drawing good trendlines is the most rewarding skill but, if misused, can also produce false signals. This course will therefore also teach you how to identify false signals. By signing up for this course, you will learn more about this strategy and understand trendlines to make good trades that deliver outstanding profits.
What You Will Learn In This Free Course
- Recognize the right market trend in...
- Identify the direction of security ...
- Discuss the strength of trendlines...
- Select the best entry during the up...
- Recognize the right market trend in which to invest
- Identify the direction of security prices
- Discuss the strength of trendlines
- Select the best entry during the uptrend
- Distinguish the market pullback, correction and bear market
- Label the primary, intermediate and short-term trends
- Select the stock on the uptrend
- Describe the characteristics of stock support and resistance levels
- Evaluate the support and resistance zones
View All Learning Outcomes View Less All Alison courses are free to enrol study and complete. To successfully complete this certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this certificate course, you have the option to acquire an official certificate, which is a great way to share your achievement with the world.
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