Chart reading, explanations, comprehension, articulation

People who draw a lot of horizontal lines, in the end they can't draw even one. lol

First, please allow me to apologize.

To catch your eye, I deliberately chose a strong title.
If anyone felt uncomfortable, I’m sorry.

However, in this article, I want to deliver something that hits the essence clearly.
I’d be grateful if you read to the end.

Stopped here, so one line.
Pushed back here as well, so another line.
Just in case, one more line here too.

Before you know it, the chart is full of horizontal lines.
Wherever the price is, it’s near one of the lines.

If the chart looks like this,
I must tell you something harsh.

People who draw a lot of horizontal lines, in the end, draw none.

Check for yourself whether this applies

□ Drawing many horizontal lines on a single time frame
□ Irrespective of where it stops or reverses, drawing a line
□ Unable to explain which line is the most important
□ Each time the price touches a line, you think “see, it worked”

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

The more lines there are, the less meaning any one line has

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

Therefore, wherever it stops, you can say the line “worked.”
Wherever it breaks, you can say “there’s another line.”

This isn’t about drawing lines.
It’s just buying insurance so it can stop anywhere.

You draw many lines because you don’t know which one is truly important.
Therefore, people who draw a lot end up drawing none.

Draw only one 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 means “if this is broken (exceeded), the premise of the trend collapses.”
So, one line is enough.

Previous highs and lows are also treated as easily watchful benchmarks.
However, I decide on one line per time frame for drawing.

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

What you can learn from the video

・Where to draw the single line per time frame on actual charts
・How to find swing lows and retracement highs
・How to view previous highs and lows as references
・What to check when you feel drawn to increase lines

This video is suitable for people who

・Have drawn too many horizontal lines and don’t know which are important
・Are unsure where to draw horizontal lines each time
・Want to be able to decide with just simple lines

From here, I will explain carefully using actual charts in a video.

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