DislikedMike and others, just want to know your opinion. I want to show you a picture where you can see four trend lines: 1) Red line from #1 point through #2 point 2) Blue line from #1 point through #3 point 3) Yellow line from #2 point through #3 point 4) White line from #3 point through #4 point What trend line in your opinion is correct for waiting some BPC or another breaks in the future? Because I see 10 traders and 10 different trend lines from them {image}Ignored
Ciao Alehandro,
if you want to determine an ongoing trend, you should locate Lower Lows (LL), Lower Highs (LH), Higher Lowers (HL) and Higher Highs (HHs) to get a brief feeling how markets are moving. Trendlines visualize the setup.
Here are some examples.
Best,
Jonas
Hero calls followed by margin calls...