Trend lines and combining them with price action as part of your trading strategy is one of the most important trading concepts you must learn, understand and apply in order to be a successful trader.
We use trend lines for two reasons. The first reason we use trend lines is because trend lines can act as a form of support or resistance. The second reason we use trend lines is because they can signal a possible trend change.
The main trading utility we use trend lines for is in combination with our price action trading strategies. The first way we combine trend lines with our trading strategies is for trend trading. The second way we use trend lines with our trading strategies is for reversal trading.
Trend lines are the most effective when paired with all forms of price action such as candlestick patterns, price action patterns, multi time frame analysis and time frame confluence.
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