Louis Jnr Book

Another way to catch the beginning of an impulsive
move is by drawing trend lines.
This is another technical skill that you have to learn if
you want to identify key linear support and resistance
level.
Let me explain you first what do trend lines mean?
Quite often when the market is on the move making
new swing highs and lows, price will tend to respect a
linear level which is identified as a trend line.
Bullish markets will tend to create a linear support
level, and bearish markets will form a linear
resistance level.
How to draw trend lines?
To draw a quality trend line, you will need to find at
least 2 minimum swing points, and simply connect
them with each other. The levels must be clear, don’t
try to force a trend line.
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