Published On Sep 28, 2024
In this video, we’ll dive into a daily trading practice drill called Trendline Breaks, which is designed to help you improve your price action trading and avoid weak entries 💡📉.
This simple drill focuses on:
📏 Drawing Trendlines
🛠️ Trendline Breaks
📈 New High/Low Reversals
📚Chapters
00:00 - Intro
00:28 - How to draw trendlines for bull and bear channels
00:56 - Trendlines also from the start of the first pullback
01:12 - Moving Average (MA) is also a trendline
01:23 - When the trendline breaks, do we come back and test it?
02:13 - Trendline break, new high, reversal
03:12 - Helps you avoid counter-trend trades
03:33 - More chart examples and trading ranges
04:24 - Trendline break at the open of the day (or the close of yesterday)
04:40 - Break of the moving average (MA)
05:26 - Outro
Practice it across 20-50 charts to build skill, then use it daily for faster and more consistent results. 🏆
🎯 Happy trading
#daytrading #priceaction #AlBrooks #Everylossisalesson
💻 Blog: https://zentradingtech.com/
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