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These are the user uploaded subtitles that are being translated: 1 00:00:29,680 --> 00:00:30,550 Hello, guys. 2 00:00:31,870 --> 00:00:33,190 You're welcome to this video. 3 00:00:34,120 --> 00:00:41,890 So in a previous video we discussed about the meaning of gender lines, you discussed about the meaning 4 00:00:41,890 --> 00:00:42,550 of generalized. 5 00:00:43,150 --> 00:00:51,310 We said the purpose of a trend line is to identify the historical current of the price movement. 6 00:00:52,550 --> 00:00:53,840 And to indicate support. 7 00:00:53,840 --> 00:00:54,830 I was just Duclos. 8 00:00:55,130 --> 00:00:55,520 Okay. 9 00:00:56,180 --> 00:01:03,260 Now, in this video, we will be looking at how to draw a descending trendline. 10 00:01:04,560 --> 00:01:07,370 So let me show you an example of this. 11 00:01:07,370 --> 00:01:08,130 A new shed light. 12 00:01:09,340 --> 00:01:12,090 We shouldn't jump off an ascending trendline here. 13 00:01:16,020 --> 00:01:17,790 No to dry correct. 14 00:01:17,790 --> 00:01:22,410 You send in trend line and the charts encourage trend line the charts. 15 00:01:23,070 --> 00:01:35,880 All you have to do is to draw in line honestly, at least two lower highs to draw a correct descending 16 00:01:35,880 --> 00:01:36,450 trend line. 17 00:01:37,890 --> 00:01:44,340 All you have to do is to connect at least two lower highs. 18 00:01:44,880 --> 00:01:45,300 Okay. 19 00:01:45,510 --> 00:01:47,700 So let me show you an example, guys. 20 00:01:47,730 --> 00:01:56,070 So when the market is sending trend lines in a trend that are drawn on a downtrend, the. 21 00:01:56,850 --> 00:01:57,210 Okay. 22 00:01:58,480 --> 00:02:05,860 So when the market is trending downwards, it's working low values on the new highs. 23 00:02:06,430 --> 00:02:08,860 These very low values in the lower house. 24 00:02:09,850 --> 00:02:10,230 Okay. 25 00:02:10,720 --> 00:02:12,160 The market is going. 26 00:02:13,170 --> 00:02:13,690 Downwards. 27 00:02:14,210 --> 00:02:14,350 Down. 28 00:02:15,080 --> 00:02:16,490 So all you have to do. 29 00:02:17,340 --> 00:02:19,740 It's too good for him to get on. 30 00:02:21,490 --> 00:02:22,030 I'm the. 31 00:02:22,860 --> 00:02:24,000 It's your turn. 32 00:02:24,060 --> 00:02:24,690 Learn to. 33 00:02:26,630 --> 00:02:28,070 And that. 34 00:02:29,540 --> 00:02:30,530 This line. 35 00:02:32,910 --> 00:02:35,440 Both the lower house and a dungeon. 36 00:02:35,940 --> 00:02:36,270 Okay. 37 00:02:36,870 --> 00:02:38,880 You should at least watch. 38 00:02:40,040 --> 00:02:43,310 Two lower highs, at least two point. 39 00:02:45,340 --> 00:02:46,630 On the downtrend in markets. 40 00:02:47,020 --> 00:02:51,790 At least two points tested, both at least to our highs. 41 00:02:51,850 --> 00:02:59,410 Okay, so guys, let's go to the chart so you can see these on the charts. 42 00:02:59,920 --> 00:03:00,250 Okay. 43 00:03:02,080 --> 00:03:07,390 So we are on a USD four watch charts. 44 00:03:08,770 --> 00:03:10,600 So look very well in front of that. 45 00:03:10,600 --> 00:03:20,770 This market is trending downwards, is creating lower lows and the lower highs stretch due in low values 46 00:03:20,770 --> 00:03:21,790 and lower highs. 47 00:03:22,240 --> 00:03:26,680 ADHD for our chart at this moment, the market is getting low. 48 00:03:26,680 --> 00:03:31,440 I lose under lower highs, low values and low highs. 49 00:03:31,730 --> 00:03:44,350 Okay, so to draw a descendant trend line on this bear, all you have to do is to pick up your trendline 50 00:03:44,350 --> 00:03:51,400 tool, click on it, then drop it above those lower highs. 51 00:03:52,900 --> 00:03:54,840 This is a correction line. 52 00:03:56,090 --> 00:03:56,400 Okay. 53 00:03:57,430 --> 00:03:59,380 I also draw another one like this. 54 00:04:01,360 --> 00:04:02,830 Also drawn down like this. 55 00:04:06,330 --> 00:04:06,700 Very well. 56 00:04:06,750 --> 00:04:07,080 Find out. 57 00:04:07,080 --> 00:04:13,680 This trend lines I drew on this Johns is connecting athletes to lower highs. 58 00:04:14,280 --> 00:04:14,610 Okay. 59 00:04:15,090 --> 00:04:17,160 The first one I do is touching here. 60 00:04:17,520 --> 00:04:18,330 First touch. 61 00:04:19,770 --> 00:04:22,770 The second post here. 62 00:04:27,140 --> 00:04:40,220 The second line drew your first time and the also lost here for the second time, at least two touches. 63 00:04:40,640 --> 00:04:48,620 Okay, let's look for another down to the market so we can draw a line here and use the again. 64 00:04:50,000 --> 00:04:51,710 The market is trending downwards. 65 00:04:52,790 --> 00:04:54,020 Pretty low. 66 00:04:54,020 --> 00:04:55,610 Values are lower highs. 67 00:04:56,840 --> 00:05:04,280 The values and lower highs and markets is trending downwards, creating lower lows and lower highs. 68 00:05:05,420 --> 00:05:18,890 Okay, so to draw a descending trend line on these charts, all you have to do is to draw your line 69 00:05:18,890 --> 00:05:21,050 above the lower highs. 70 00:05:21,710 --> 00:05:27,860 You just have to is not imply that the trend line will touch on all the lower house. 71 00:05:27,890 --> 00:05:29,360 No, it's known. 72 00:05:29,360 --> 00:05:31,580 What only criteria? 73 00:05:31,610 --> 00:05:37,940 The only thing it has to touch two places. 74 00:05:39,350 --> 00:05:39,690 Okay. 75 00:05:40,400 --> 00:05:41,000 Now the only. 76 00:05:41,000 --> 00:05:43,870 Do you suppose it are two places? 77 00:05:43,880 --> 00:05:48,020 So if you check on this trend line, I drew the chart. 78 00:05:48,320 --> 00:05:55,970 I touched more than three places here, but more than three places. 79 00:06:04,310 --> 00:06:04,810 Okay. 80 00:06:05,580 --> 00:06:06,410 Those two. 81 00:06:06,890 --> 00:06:07,370 Okay. 82 00:06:10,430 --> 00:06:11,690 We also touched here. 83 00:06:16,430 --> 00:06:16,590 Okay. 84 00:06:16,910 --> 00:06:20,300 First 1 to 3 industry places. 85 00:06:20,990 --> 00:06:21,280 Okay. 86 00:06:21,740 --> 00:06:23,080 That is a good trendline. 87 00:06:23,870 --> 00:06:26,810 Trendline for a trend line to be valid. 88 00:06:29,240 --> 00:06:31,730 He has two thoughts, at least two places. 89 00:06:31,910 --> 00:06:35,570 Let me look for one more example on ADHD. 90 00:06:36,290 --> 00:06:36,680 Okay. 91 00:06:36,830 --> 00:06:40,730 I'm clean as sample on ADHD. 92 00:06:41,480 --> 00:06:44,810 Let's look for where the market is trending downwards. 93 00:06:44,840 --> 00:06:46,670 Let's look for where the market is trending. 94 00:06:46,670 --> 00:06:47,240 That works. 95 00:06:48,590 --> 00:06:51,610 Okay, Austin, let's go to the U.S.. 96 00:06:51,620 --> 00:06:52,030 Okay. 97 00:06:52,360 --> 00:06:58,400 Let's do the U.S. on the for what time frame here is also making 98 00:07:01,070 --> 00:07:11,030 also making lower close and lower highs is in the downtrend, creating the values and the lower house. 99 00:07:13,370 --> 00:07:20,180 All you have to do is to pick your trend line, too, and connect the lower highs. 100 00:07:21,110 --> 00:07:21,560 Okay. 101 00:07:21,590 --> 00:07:24,170 Make sure that it touches at least two points. 102 00:07:24,950 --> 00:07:26,450 At least two points. 103 00:07:26,780 --> 00:07:27,100 Good. 104 00:07:28,190 --> 00:07:29,390 At least two points. 105 00:07:34,020 --> 00:07:35,530 Yes, it does. 106 00:07:35,670 --> 00:07:47,130 First time here, that's three times is that she was here and they passed the torch hit. 107 00:07:47,850 --> 00:07:48,270 Okay. 108 00:07:48,660 --> 00:07:50,040 Let's look for one more example. 109 00:07:50,040 --> 00:07:51,870 Does he look at this place? 110 00:07:53,070 --> 00:07:54,990 The markets is also trending down. 111 00:07:54,990 --> 00:07:56,130 Was crazy. 112 00:07:57,750 --> 00:07:59,100 Lower highs and lows. 113 00:07:59,160 --> 00:08:01,960 Lows on this very low. 114 00:08:02,180 --> 00:08:11,010 Highs and lows to go trend line the peak or trend line to connect the false points from red to trend 115 00:08:11,010 --> 00:08:17,010 started connect get any second thoughts any lower high. 116 00:08:17,370 --> 00:08:25,350 That's the last more obvious okay from here it pushed to places and that is a valid trend line. 117 00:08:26,040 --> 00:08:34,200 He has to touch at least two places for a trend line to be valid, he has to, but at least two places 118 00:08:34,720 --> 00:08:37,140 they only look, for example. 119 00:08:37,860 --> 00:08:48,240 Okay, this is why folks here see that the market is creating lower highs, low value, lower highs. 120 00:08:48,240 --> 00:08:49,740 The values lower highs. 121 00:08:49,740 --> 00:08:56,580 No, I lose because in a downtrend, the markets lower highs, global lows. 122 00:08:56,610 --> 00:08:57,050 Okay. 123 00:08:58,560 --> 00:09:08,160 All to draw a trend line here goes how to connect a bull to sports has a push to lower highs. 124 00:09:08,310 --> 00:09:09,810 This is a value trend line. 125 00:09:11,520 --> 00:09:13,860 It's a very trend line it touched here. 126 00:09:18,890 --> 00:09:23,540 It does show the first time we passed here. 127 00:09:27,730 --> 00:09:31,030 Bustier and it also. 128 00:09:35,790 --> 00:09:36,780 I also push her. 129 00:09:42,820 --> 00:09:44,050 Also those two guys. 130 00:09:44,080 --> 00:09:49,940 Okay, so let's stick for on my example charts. 131 00:09:50,470 --> 00:09:59,650 Let's look at Nzd USD, Nzd USD Buffet and Jock's Nzd is before our charts. 132 00:09:59,860 --> 00:10:04,240 See how the market is creating lower lows and lower highs. 133 00:10:04,270 --> 00:10:16,570 Lower, lower and lower has no idea how the market is in a pure downtrend on is the USD the pure downtrend 134 00:10:16,570 --> 00:10:20,020 on Nzd USD. 135 00:10:21,310 --> 00:10:21,670 Okay. 136 00:10:22,030 --> 00:10:23,610 So it's address and line here. 137 00:10:23,620 --> 00:10:23,820 Yes. 138 00:10:23,830 --> 00:10:26,830 Have to connect at least two points. 139 00:10:27,730 --> 00:10:27,910 Okay. 140 00:10:29,090 --> 00:10:30,460 These two points. 141 00:10:32,380 --> 00:10:34,980 Those two are the first time thoughts here. 142 00:10:35,020 --> 00:10:43,900 The second time making it a valid descending ten and then that I draw it down. 143 00:10:43,900 --> 00:10:45,940 Trending markets. 144 00:10:46,220 --> 00:10:47,530 Okay, so that is it, guys. 145 00:10:47,860 --> 00:10:51,520 So I get your charts and look for downturns. 146 00:10:52,150 --> 00:10:55,510 Try to connect at this point and try to go the trend line. 147 00:10:56,080 --> 00:10:58,810 At least two points here in the markets here. 148 00:11:00,610 --> 00:11:01,720 Next, two points. 149 00:11:02,260 --> 00:11:02,520 Okay. 150 00:11:03,520 --> 00:11:04,810 First of all, it was here. 151 00:11:05,290 --> 00:11:06,850 Second thought was here. 152 00:11:07,640 --> 00:11:12,370 That's a valid descending trendline. 153 00:11:12,500 --> 00:11:12,790 Okay. 154 00:11:12,910 --> 00:11:15,040 So that is it falls under trendline. 155 00:11:15,400 --> 00:11:18,400 So in our next video, we're talking about ascending tonight. 156 00:11:19,450 --> 00:11:20,710 Thank you guys for watching. 157 00:11:21,250 --> 00:11:22,510 I'll see you in the next video. 158 00:11:22,900 --> 00:11:23,260 Bye. 11953

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