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0_public:trading:technical:trendline

Trendline

  • requires two (2) points (initiating and defining point)
  • initiating point: swing high or low

Upward Sloping Trendline

  • defining point: candles to the left don't touch the trendline & none of the price action to the right breaks the trendline
  • as long as price doesn't settle below the trendline, the trendline can be adjusted
0_public/trading/technical/trendline.txt · Last modified: 2024/09/11 19:18 by pointnm