How to buy, sell, hold position in stock and forex market using the single line

Straight line is a combination of 2 points that are not crooked. Straight line can determine a direction.

Straight line in technical analysis is also used as an indicator to determine the condition of a bullish or bearish trend in the stock market and the forex market.

How do I determine Buy, Sell and Hold the position only by using a line?

Buy Signal

Draw a line was derived from the highest point on the 2 previous candelstick.
If candelstick, not over the line that made, it indicates that the stock price / candelstick not going up. Down trend will continue in the next days.
If candelstick over the line, with accented with a closing price was above the line, we must get ready to take a buy position. (such as position on the circle in the picture above). This indicates that the down trend was broken up and turned into a up trend.
Usually candelstick that has passed down trend line will go up on the following days. In this position I used to call "Fly to the sky".

Sell Signal

Of course sell signal is the opposite of buy signals, as well as the way we draw a line.

Draw a line from the bottom two points from the previous candelstick (which we call the up trend line).
Sell signal occurs when the stock price / candelstick breaking trend lines line up, like in the picture above, shows a blue circle that has penetrated candelstick up trend line (black line).
Of course at that time we should be in a position to sell or short position.

Hold Signal
Hold position is the position where the price or do not penetrate candelstick previous trend line either up trend or down trend.


We will see uptrend line and the down trend in a shorter timeframe.

Blue Line : Uptrend Line
Black Line : Down Trend