DislikedI am wondering if anybody could help me out with this. I've drawn a Trend line and wanted to know from a technical perspective when it is safe to say that the trend line is broken?
Also, is my trend line drawn correctly? I guess that should be the first question...
I know not everything is "black & white" when it comes to trading but looking for some input.
*First chart is the D1 chart, second chart is the H4 chart for a closer view.
Thanks!Ignored
Yes... for me it looks good, or "nearly" good on your chart.
If I may say a word or two, from my perspective, you skipped some other important, latest lows and drew the line right to your lowest low, forgetting those in the middle.
If I put daily AUDUSD on my chart, I'd rather do it that way.
Those levels seems to me more important and stronger.
But... as I said, this is my view only, and we both can be right or wrong
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