Logically, the trendline connects price interest points in the market, be it a horizontal line or a sloping trendline.
The more it is respected, the more interest there will be in the future for that line.
Critically a trendline break will often mark the end of a trend or the start of a new one.
IMHO, It is a great market sentiment tool if used correctly.
Only way to learn is by asking the right questions.
The more it is respected, the more interest there will be in the future for that line.
Critically a trendline break will often mark the end of a trend or the start of a new one.
IMHO, It is a great market sentiment tool if used correctly.
Only way to learn is by asking the right questions.
The Only Limit, is the One that you Set Yourself - Felix Baumgartner