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TradingView presents Instagram-like features for sharing and exhibiting off trading methods. Sign up for Smart Investing to get the newest news, strategies and tips that will help you make investments smarter. The website’s Ideas and Streams pages provide you with a chance to select up ideas or get suggestions. Get 10 factors for home transactions of Rs. Points 1, 2, and three indicate factors of resistance. For more information on this, please examine The fundamentals of Support and Resistance Explained. To do that, go to the highest bar and click on the far left button. 1. To start out the tutorial, choose the line software from the left side toolbar. If you decide to draw an uptrend, be sure you begin your line using a low worth in order that the line is beneath your candlestick. We’ve then clicked point 2, the swing excessive of an uptrend, adopted by level 3, the swing low of the subsequent downtrend. 3. For a downtrend, begin at a neighborhood high point (level 1) earlier than a price dip, referred to as a swing excessive. Upon getting a longtime downtrend, one doable strategy is to promote when the price meets and tests your line.