The role of trend line is actually to judge the strength of the market trend, rather than directly becoming a buying and selling point. A trend line requires three inflection points of the same level to be drawn. Two points can draw a line, but it must be confirmed after the third inflection point of the same level has passed!

Many investors don’t even know how to draw a trend line. They think that connecting two inflection points is a trend line, but they ignore the simplest mathematical foundation: a line must be connected between two points. This has nothing to do with the trend.

The application of channel line is similar to that of trend line, but there is a trend line first, and then a channel line, because the channel line is two parallel trend lines, which also helps us judge the strength of the market.

Investment, speculation, gambling, the boundaries between these three are very vague, and they will be converted into each other if you are not careful. This is human nature. If you follow human nature, you will only deposit money but not withdraw money, and if you go against human nature, you will only withdraw money but not deposit money. This is the market