Learn the 6 lines: what are the entry timings for buying on dips and selling on rebounds?

The old product [Trend Line Pro] sales page introduced it,

the contents of past newsletters and responses to questions from everyone,

and because there were many requests to see them again,

we are, for the first time in ten years, “reorganized and reintroduced.”

We have shortened it as much as possible, so we would appreciate your review.

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Learning the Lines: When is the best entry timing for buying on dips and selling on rallies?

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Upward Trend Line

Connecting the rising lows of points 2 and 4 (points 1 and 3) creates a right-shouldered line that is ascending, the “line”.

There, the third point (5) meets resistance and the trend line is completed

Downward Trend Line

Connecting the lowering lows of points 2 (1 and 3) to form a right-shouldered line that is descending, the “line”.

There, the third point (5) meets resistance and the trend line is completed

The entry timing is,

in the up image 5, taking the dip-buying and the rally-selling

without going against the main trend direction,

and trading against the trend only during corrective trendsas an entry method.

If you suddenly enter short when you touch line 5,

if it does not bounce, you will cut losses, so

it is preferable to confirm a bounce before entering.

A bounce is confirmed by checking lower timeframes,

in the corrective trend from the figures 4 to 5,

at the timing when a small “reversal signal” is confirmed,

and shifting from 5 to 6 is recognized.

Furthermore, at the moment of line touching,

if a small double top or bottom forms,

and the evidence overlaps,

it becomes easier to enter with greater confidence.

[In Downtrend and Downside Selling cases] take the drop from figure 5 onward.

At the end of the rising corrective trend from figures 4 to 5,

on a lower timeframe,the timing when the below figures show a “reversal signal.”

[In Uptrend and Dip Buying cases] take the rise from figure 5 onward.

At the end of the descending trend from figures 4 to 5,

on a lower timeframe,the timing when the above figure shows a “reversal signal.”

[In actual charts] take the rise from figure 5 onward.

[1-hour chart] with a reversal signal from ④ to ⑤, take ⑤ to ⑥.

[15-minute chart] C cannot make a lower low than A, and it is desirable to enter buying when it surpasses B’s high (pink upward arrow).

Double tops and double bottoms, which are signals of trend reversal, also,

if you understand the above explanations,

it is very easy to interpret as the trend having produced a “reversal signal.”

Including such chart shapes,

any form of technical analysis is ultimately derived from Dow Theory in some way

, so it is desirable to firmly grasp the principles to deepen understanding.therefore,