Disliked{quote} If I’m correct I’d say the red line as the blue line would have been crossed by the previous up move as you moved it down the waves, once it’s crossed and closed above it becomes obsolete and you then need to establish a new downward trendline during the up move if that makes sense........I could be wrong though Ralffe will clear it upIgnored
I was thinking to use 3 trendlines: (i don't know if it is a good idea or just crap)
One is the primary (blue) long-term,
Secondary mid-term/new (blue)
Third: corrections etc. Just my thoughts, hope Ralffe will clarify this