This is the trading playbook where the charts do the talking and every session makes you a better trader. What's going on everybody? Welcome to the trading playbook. My name is Lenho here with verified investing your host and welcome to this awesome Sunday episode of the trading playbook. upcoming. In this video, I'm going to give you three or four if you're lucky trading setups to watch this week using trend lines, our topic for this weekend. Before I go any further, guys, I have two big favors to ask. Number one, if you guys did not see yesterday's episode, go ahead and watch yesterday's episode so you know what trend lines are and how to use them. Secondly, please, as it says down below, please like this video, please comment, and please subscribe to our YouTube channel. It really helps the algorithms know that, hey, this person wants to see more content just like this. With that being said, let's hop right into it and we're going to go straight into this week's plays. So again, just as a refresher, we're talking about what? We're talking about trend lines. And if I go ahead, handy dandy paste button, what do we know here? Ups sloping trend lines are bearish. Downs sloping trend lines are bullish, right? Bullish patterns. So, for example, on SanDisk, as this, and this isn't a play, but as this continues to move up, you're anticipating resistance, right? Just about right here, right? And let's say it's going to be on tomorrow's, then you're expecting resistance somewhere around here. Right? This is just an example of how to use a potential trend line as resistance coming up into that. But that's not this week's plays. We're going to start off with one of my favorites. Let's go to plan A on Nvidia. So, taking a look here on Nvidia, right? And and if you've watched yesterday's episode, I want you to go ahead and pause and figure out where you want to put that trend line. Where is Lton about to put that trend line? Where are the possible trends? So, no matter which way you draw it, right, there's a couple different potential trend lines that you be like, "Oh, L's talking about trend line like this, trend line like this, maybe a bigger trend line like this, right?" But the trend line we are going to be focusing on, right? There's two key trend lines we're going to be focusing on is right here and right here. So let's isolate this one first. This nice ups sloping trend line. And what do we know about ups sloping trend lines guys? UPS sloping trend lines are bearish. What does that mean? That means that if Nvidia were to come down and break this trend line and then confirm below, it favors a move lower. Right? So this week to the downside, this is what I'm going to be watching. Say Nvidia comes down, breaks this, closes right here. I'm either going to look to enter at that break or let's say it comes down and retraces back up to this uh ups sloping trend line. I would then look to short it potentially right here. So, these are my levels for a potential short on Nvidia in this upcoming week. A break and close below 200 basically and then a retrace uh back to around 2011, right? Whichever you're comfortable with. And if you watched last week's episode, you can easily see a potential target that I would look for for support. And what I'd look for is probably a move to this gap fill from 7 17823. If you don't know what gap fills are, go ahead and watch last week's Saturday episode and you'll learn all about it. The secondary trend line I want to address. It's not going to be a level for me, but something to note, right? What do we know from here again? Downs sloping trend line break or bullish. So, let's say we don't get filled on this nice breakdown. Well, what we could be seeing on Nvidia is a push up, maybe a retrace, and then a move higher, right? But only time will tell. That's just another way to show you that, you know, trend lines can be drawn all sorts of shapes and and not really shapes, they're lines, but they come in all different sizes, right? And with different directions, even on the same chart, right? It's just important that you keep track of everything happening on a given chart a single time. So remember this on Nvidia $200 and then maybe a retrace back to 2011. Okay, for this upcoming week. Next one we're going to talk about is plan B and this week B stands for Bitcoin. Now for Bitcoin, right, I I would say that it's actually already starting to play it out. Just like last time guys, go ahead, pause it here, draw the trend lines or or visualize it on the screen. Where is the trend line that Lton is going to draw? Now, for me, the trend line that I'm really watching here is a trend line like this on Bitcoin. We can see what we can see Bitcoin pushing up. And what do we know about this? I'm just going to keep this here for our cheat sheet. Ups sloping is bearish, guys. Ups sloping is bearish, right? So, what are we seeing here? A nice move up along this trend line. A close below. And what are we doing now? What are we doing this weekend, guys? This is what this is the retrace. The retrace, right? So, you have two options. You either a short it here or you wait for the retrace maybe around 65 $66,000 and look for a lower move potentially even down here to around $59,000 for a potential target. That would be around a 10% move in our favor. And this could easily play out um in this coming week, right? really really easy to play out if this were to break, close below, retrace, and then come down because we know how cryptocurrency sometimes moves. And finally, for plan C, we're going to be talking about AMD. Now, AMD, taking a look at this chart as I already did that cheating. I already cheated a little for you. I already drew this trend line for you. Has a nice ups sloping trend line, right? Nice ups sloping trend line. And what did I say about where we're drawing trend lines from and how powerful they are? Do you remember in yesterday's episode? Well, I said that the more significant guys, the more significant the pivot or area we're drawing these trend lines from and through, the more likely and more powerful these trend lines are. So why are these significant? Well, this from the 5th of May right here is the earnings, right? This is the level from earnings. This is the gap fill from earnings. Throw back to last week's episode. Over here, we had the lowest price we got after earnings, right? Had the initial euphoria on earnings pushing up 32% and then it came back down 17%. And then right here we had the lowest point we've got in June, right? And we have this nice upswelling trend line. But should AMD, right? Should AMD start to roll over and break this, you could enter just like the other ones on either a break or on a retrace. But this is a trend line we have to continually look at. And just like I said yesterday, just because a trend line is ups sloping and bearish and favors a move lower doesn't mean it has to come down right away because it could continue trading up above this trend line essentially forever. But we're not trying to guess where it goes. We're watching the support level, watching this trend line break and then entering. So, we don't care if it breaks it at $500 or it breaks it somewhere over here around $700, $800, right? But when this breaks, you expect some downside, right? I'm going to go into the final read here as we talk about one more chart that I haven't mentioned yet, and it's Tesla. And Tesla is going to be a bonus trade for you guys just because similar to that first Nvidia trade right there there are levels on both sides. So same deal guys go ahead draw your draw your trend lines up sloping down sloping right and what do we get here? What does this look like? There's a ups sloping trend line here and a downs sloping trend line here. Is this bullish or is this bearish? Well, the answer is it's kind of both, right? Why? Because it's trading in a what we call a wedge pattern. Now, this is a little more advanced and it's a sneak preview of a of a episode in the future, but all you need to know on Tesla is it's not bullish or bearish. If it closes above and breaks above this downs sloping trend line, then it's bullish. It favors a move higher. But if it breaks down from this ups sloping trend line, closes below maybe a retraces, then it's bearish. And the great thing about using technical analysis and using these patterns are someone's asking me, would you buy or short Tesla right now? Well, I could say I'm just going to wait. I'm gonna wait for this pattern to play out. I'm going to wait for it to break this down sloping trend line to buy it or it breaks down from this ups sloping trend line and there I'll short it. All right guys, with that being said, I really hope you enjoyed this week's episode of the trading playbook. That was trend lines. Hopefully you find this um find this helpful. If you have any questions, suggestions, any other technical analysis indicators or patterns you want me to cover next week, please throw it down in the the comments down below. And please like this video and subscribe to the Verified Investing YouTube channel. It helps keep content just like this free. Hope you have a wonderful weekend and I'll see you next week. But guys, bye-bye. That's the trading playbook. If today's episode was your film study, the principle, the pattern, the framework, the application is waiting for you on Sunday. Real setups, real levels, ready before Monday opens. Subscribe to verified investing on YouTube. Saturday teaches, Sunday prepares, show up ready.