{"id":173387,"date":"2020-07-09T06:15:37","date_gmt":"2020-07-09T10:15:37","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173387"},"modified":"2020-07-08T18:17:21","modified_gmt":"2020-07-08T22:17:21","slug":"seeking-certainty-in-uncertain-times-draw-a-trendline-learn-how","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/seeking-certainty-in-uncertain-times-draw-a-trendline-learn-how\/","title":{"rendered":"Seeking Certainty in Uncertain Times? Draw a Trendline — Learn How"},"content":{"rendered":"
July 9, 2020<\/div>
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By Elliott Wave International
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– Elliott Wave International’s online trading course teaches traders how to identify, draw, and use trendlines to seize high-confidence set-ups in any market, on any time frame — Now FREE through July 14!<\/p>\n

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Today, the lines between what life looked like before the global pandemic of 2020 — and what it’ll look like after — seem forever blurred. Will we have the same job? Will our formerly college-bound children ever leave the house? Will we even live in the same state, or the same country?<\/p>\n

Being a trader in times like these, even if only as a fallback option, is not a bad idea.<\/p>\n

If that thought has crossed your mind, how would you like to learn a simple technique<\/strong> to identify new trading opportunities?<\/p>\n

That technique is drawing trendlines. Elliott Wave International’s trading instructor Jeffrey Kennedy says<\/strong>:<\/p>\n

“Trendlines are the simplest and most effective analytical tool traders can apply, be it to a stock, currency, or commodity.”<\/p>

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“They’re more effective than people realize.”<\/p>\n

“And so simple, a kid with a ruler can use them.”<\/p>\n

Hey, just think! You can add trendline drawing to your child’s at-home school curriculum…<\/p>\n

But seriously, folks! There is a reason why Elliott Wave International is bringing back Jeffrey Kennedy’s popular online course “How to Use Trendlines to Spot Reversals and Ride Trends”<\/strong> now.<\/p>\n

Today, millions of people around the world are turning to trading at home for the first time. The search for guidance is at an all-time high. If you’re one of them, or even if you’re an experienced trader, this course is for you … and you can take it today 100% free<\/strong>. (More on that below.)<\/p>\n

But first — trendlines are simple straight lines connecting two price extremes on a chart. When you draw more than one, you create a so-called trend channel and see both the future trend<\/strong> and trend reversals<\/strong>.<\/p>\n

Simple? Yes. And the results can be impressive.<\/p>\n

Here’s a real-life example from Elliott Wave International’s Trader’s Classroom<\/em>, which Jeffrey Kennedy edits: Tesla Motors, Inc. (TSLA)<\/strong>.<\/p>\n

Tesla’s shareholders are used to the fact that the company’s CEO Elon Musk can be a loose cannon, prone to unpredictable behavior like performing a striptease at a new model launch in China.<\/p>\n

But in his November 21, 2019<\/strong> Trader’s Classroom<\/em> — before TSLA zoomed above $1000<\/strong> — Jeffrey showed how simple trendline analysis made the coming rally quite predictable:<\/p>\n

“We’ve gotten above the upper boundary line of the developing base channel.”<\/p>\n

“I think we’re going to see a run on say 475-500″ by the end of 2019.”<\/p>\n

“This is a ‘very confident buy-side opportunity<\/strong>.'”<\/p>\n

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From there, TSLA rocketed 60% in December and January to new all-time highs:<\/p>\n

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Today, as you know, TSLA is an investor darling, with prices hovering well above $1000.<\/p>\n

But what got the rally started — before most people would look twice at the stock — was a simple bullish trendline break.<\/p>\n

“How to Use Trendlines to Spot Reversals and Ride Trends”<\/strong> gives you 90+ minutes of trading lessons that teach you how to effectively use this tool.<\/p>\n

You’ll learn how to:<\/strong><\/p>\n