[Free PDF] How to Draw a Horizontal Line, No More Guesswork｜5 Basic Rules (For FX Beginners)

When drawing horizontal lines, are you confused by things like this?

・I don’t know which highs and lows to draw on
・Worried about aligning with the wicks or the bodies
・Drawing too many lines makes the chart messy

We have summarized the basic rules to draw horizontal lines without hesitation into a illustrated PDF (9 pages in total). You can download it for free at the end of this article.

■ Rule 1: Draw on noticeable highs and lows

Draw horizontal lines at the noticeable peak (high) of the chart and the noticeable trough (low). “Noticeable” means it distinctly protrudes beyond the surrounding bars.

If you decide in advance how many bars protrude on each side to count as a high or low, you can draw consistently using the same standard each time.

■ What you can read in the PDF

・Rule 2: Prioritize prices that were stopped at repeatedly
・Rule 3: Draw from higher timeframes (top-down analysis)
・Rule 4: Which to align with, wicks or bodies
・Rule 5: A broken line may change its role
・Common mistakes and a 8-item checklist for drawing lines

（From the PDF: example of drawing too many lines and example of leaving only the important lines）

By continuing, you can download the PDF (9 pages total) for free. No payment required.