This is a simple example with what I mean with drawing a horizontal line through swing highs and lows. Now I do have a significant level around that green line and I'll look at how the price will react when it is near that level (by looking at the candle patterns).
I do use the same principles taught to me by Phillip on how to draw trendlines (see the previous post for an example on how to draw trendlines by connecting swing lows/highs).
I do use the same principles taught to me by Phillip on how to draw trendlines (see the previous post for an example on how to draw trendlines by connecting swing lows/highs).
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Willem
Forex recipe for success = Patience, discipline & hard work.