The person who draws a lot of horizontal lines, ends up not drawing a single one. haha

First of all, please allow me to apologize.

I deliberately chose a strong title to grab attention.
If anyone felt uncomfortable, I am sorry.

However, in this article, I want to deliver what is essential, clearly and accurately.
I would be grateful if you read to the end.

Stopped here, so one line.
Stumbled here as well, so another line.
Just in case, one more line here as well.

Before you know it, the chart is full of horizontal lines.
No matter where the price is, it’s near one of the lines.

If your chart looks like this,
I must tell you some harsh truths.

People who draw a lot of horizontal lines end up not drawing any single one.

See if this applies to you

□ You draw many horizontal lines on a single time frame
□ You draw lines at every place where price stops or rebounds
□ You can’t explain which line is the most important
□ When price stops at any line, you think, “See, it worked”

If two or more apply, what’s written in this article is the cause of your confusion.

The more lines you have, the less meaning each line has

If you draw many horizontal lines,
price is always near one of those lines.

Therefore, wherever price stops, you can say, “The line worked.”
Wherever price moves, you can say, “There’s a next line.”

This is not drawing lines.
You’re just buying insurance so it can stop anywhere.

You draw many lines because you don’t know which single line truly matters.
So, people who draw many lines end up drawing none.

Draw only one line per time frame

The horizontal lines I draw are only one per time frame.

In an uptrend, one line at the swing low.
In a downtrend, one line at the retracement high.

This line is the line that, if broken (or exceeded), collapses the premise of the trend.
Therefore, one line is enough.

Previous highs and lows are also used as readily noticeable references.
However, I decide to draw only one line per time frame.

Drawing many lines is like marking a map too many times, making it hard to see the destination.

What you can learn from the video

・Where to draw one line per time frame on actual charts
・How to identify swing lows and retracement highs
・How to view previous highs and lows as references
・What to check when you feel the urge to add more lines

Who this video is for

・You’ve drawn too many horizontal lines and can’t tell which is important
・You’re always unsure where to draw horizontal lines
・You want to be able to judge with simple lines only

From here, I will carefully explain using actual chart videos.

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