Hi,
Is there any hard and fast rule for trendlines i.e./e.g If price penetrates the trendline and there is a new low, should the trendline be moved to accommodate the new low?
Thanks
Is there any hard and fast rule for trendlines i.e./e.g If price penetrates the trendline and there is a new low, should the trendline be moved to accommodate the new low?
Thanks