Trendline breaker

[desiben]

I am trying to find the correct exit on an uptrend. In the below image you can see there is an uptrend and I have manually drawn a Trendline (yellow line) connecting the sides of the bottom right of the candles. The Yellow Arrow indicates the Trendbreaker candle which I need to identify.

a) How do we plot or draw this kind of line (connecting the right corners of the candles)?
b) How do we identify the Trendbreaker candle?

(PN: This is HeikenAshi candle style)

 

[J007RMC]

You can also use support resistance levels and fibs

 

[desiben]

@BenTen do you have any method to plot this type of line

 

[Thomas]

Study Heiken-Ashi candles, google it, you will see a doji style candle, in this case, maybe a red candle where the wick begins to grow from the top.

 

[desiben]

Study Heiken-Ashi candles, google it, you will see a doji style candle, in this case, maybe a red candle where the wick begins to grow from the top.

Can you help me understand better? I looked into HAshi candles. What are you specifically mentioning?

 

[Thomas]

Can you help me understand better? I looked into HAshi candles. What are you specifically mentioning?

Here is an example of how to read Heiken candles,...a brief explanation, you must find a presentation and explanation regarding reading candles.

 

[desiben]

Thanks @Thomas for this explaination. Learned a lot on HAshi's

 

[Thomas]

Thanks @Thomas for this explaination. Learned a lot on HAshi's

It would be in your interest to study price, candles, and Heiken. Here is a BlackFriday special course to study price....
https://www.tradingsetupsreview.com...il&utm_term=0_5348f209e1-6ff782f5b6-136565649

 

[desiben]

Anyway we can plot like the line i posted above?

 

[Pensar]

@desiben No, it isn't possible using ThinkScript. There's no "corner of candle" value that we can access.