Hi @Jako64, hope you're having good day, I have a question on trend lines, they can be quite varied according to personal opinion and what fits at the time, in this case a downtrend, if we were taking a starting point from series of highs all at the same price level over a couple of weeks, where price never surpassed the initial high, would the ideal point to run your trend line be from top of the first high or the last? Whenever I question between trend line points or support and resistance levels based on particular bars I always feel like I should err to the earliest one as it would appear this one set the bar and is therefore the potential cause of any following to stop there.
Does this seem appropriate?
Cheers
- Forums
- General
- Wyckoff trading method
Wyckoff trading method, page-1684
-
- There are more pages in this discussion • 775 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)