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Look at this chart and think of how many significant lows you can find ? I can see 3 , can you ? Look at the first low , the second ……. And this is what you get .you draw an upward trendline connecting the first two lows...and on the 3rd low when price reach the trendline you could have entered long with very LOW risk and made good amount of profit in each trade. If you want to learn how to trade in the market the right way. Clik on link to buy E-books Also you can send us your Favorite book name .@learn_candlesticks_pattern https://www.tagmango.com/creator/learncandlestickpatterns

Now let me give you some examples to help you understand how to find support and resistance using the criteria we listed in the previous lesson. As a reminder, you don’t need all the criteria we listed to make a level of support or resistance. But the more criteria that the level has, the better the level. This is the AUD USD H1 chart. As you can see, we spot this level at the very top where price came up, hit, and reversed from. So we draw in a level of resistance. So what criteria does this level have that we previously listed that makes it a good level? Let’s break it down: -This level is the extreme swing high, meaning it is the highest point price has reached in recent time. -The level is obvious; it jumps right out at you, and you should have spotted it within seconds. -The move away was significant because, as you can see, the price reversed significantly after it got here.

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we can use trendlines to follow the trend and find high probability setups that form in line with the current trend this is what i showed in the videos, and this is what i explained in details in my ebook the candlestick trading bible in this video i want to show you that you can use trendlines while trading trending markets to find your exit point so when you draw a trendline in a trending market , when prices break it, you should exit your trade, because the breakout of the trendline indicates a probable trend reversal. E-books https://www.tagmango.com/creator/learncandlestickpatterns Contact @learn_candlesticks_pattern

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