How To Use Three Line Break Chart Strategy?

Line break charts OR price break charts are a special form of charts which reflects the sentiment better than a normal candlestick chart. A three-line break chart is a specific chart where a reversal box is formed only after the price breaks the high or low of last 3 previous boxes. Three line break chart strategy also known as TLB Chart is the most common among all line break charts but some analysts also use six line break charts in a lower time frame like 1 minute to catch the sudden moves during news like a budget day or inventory flash etc. Read More