Trade Summaries

  Introduction If you're new to trading and often find yourself confused while drawing trendlines, you're not alone. One of the most common beginner questions is:  Do I connect the candle bodies or the wicks when drawing a trendline? Let’s break this down in the simplest way possible. What Is a Trendline? A trendline is a straight line that connects price points on a chart to show the direction of the market — up, down, or sideways. It's the market's path . It helps you visually identify whether the price is generally moving upward (an uptrend ) or downward (a downtrend ). How to Spot an Uptrend An uptrend happens when the price keeps making higher lows — meaning each low point on the chart is higher than the one before. Example: Imagine the price drops to ₹100, then rises. Next time it drops, it goes only to ₹105 before rising again. Then it drops to ₹110 and rises again. These higher lows form a staircase going upward . How to Draw the Tre...