Lesson / WY-02-11
A trend-line break is a geometric fact: price crosses a diagonal line defined by selected anchors. Its most direct meaning is that the original slope was not maintained. If horizontal highs and lows, key areas and the ability to progress remain intact, the market may simply continue in the same direction at a gentler slope. A line break is a useful prompt to investigate, not a sufficient reversal conclusion by itself.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01Highs, Lows and the Rhythm of a Trend↗02Trend Lines and Channels: Uses, Drawing Rules and Limits↗03Support and Resistance: Zones, Boundaries and Tests↗04Initial Trading-Range Boundaries and Later Revisions↗05Breakouts, Breakdowns and Re-entry into the Range↗06Change of Behavior: From One Rhythm to Another↗07A Trend-Line Break, a Trend Stop and a Trend Reversal↗Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
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