r/SKBTradingLab

Trendlines help traders identify: 📈 Trend Direction

📊 Support & Resistance Zones

🔥 Potential Buy & Sell Areas

🚀 Trend Reversal Signals

Dow theory

Charles dow, widely known as the father of modern technical analysis, introduced a market principle called Dow Theory.

Key concepts of the theory:

• The market moves in trends — Uptrend, Downtrend, and Sideways trend.

• Volume acts as a confirmation of the trend’s strength.

• A trend remains valid until a clear reversal signal appears.

Understanding these principles helps traders build stronger market psychology and make better trading decisions. 📈

After a loss, the urge to recover quickly leads to impulsive decisions, not smart trades.