Major trend line break trading strategy & pullback trading strategy

Trend line Break trading strategy & pullback trading strategy

Here you will get the most accurate trend line break trading system. You can play with line tolls so many ways. But I am discussing here only 2 types of significant trend line break trading system. Number one is the Major trend line break trading system & Number tow is the Pullback trend line break trading system.

What you need to learn about the trend line:

What is the Trend Line?
How to draw the trend line
What is the major trend line?
What is the pullback trend line?
How trend line works

What is The Trend line? How to draw the trend line?

it’s a line toll you can draw a horizontal line and vertical line and peroral line. But here is a trick you have to connect swing high to swing low point to identify trend direction. Generally, trend lines used to highlight the trend direction. When price makes swing higher high its call uptrend and when price makes swing lower Low it’s called a downtrend. Sometimes price does not go any direction its ranges in a price its call ranging market or sideways market. Trend line identifies the trend direction

Trend line acting as support resistance when price accelerating and decelerating in a channel.

What is the major trend line strategy?

wen price go up and down for the long long time and price respecting a trend line properly and after then price break the trend line and make swing lower low then probably its confirmed price change the trend direction in upcoming days or an hour or weeks it depends on the time frame. See my attached Example for the major trend line break trading system when to buy and when to sell.

Major trend line break trading strategy & pullback trend line break trading strategy

Major Trendline break buy

Major trendline break sell

What is the pullback trading strategy?

When you see a trend running a long long time in a direction, maybe its uptrend or downtrend and suddenly it comes back and takes some retracement and making a short-time trend line and after then price break the short time trend line and complete the pullback or retracement. Maybe its 50%, 60% of the Fibonacci level. That’s a great short time trend line break trading system. To the continue major trend line.