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In what way(s) can trend lines be used?
When drawing trend lines in an uptrend, should they be drawn above or below the price?
When drawing trend lines in a downtrend, should they be drawn above or below the price?
Look at the chart:
Which of the three labeled lines is a correctly placed trend line?
Look at the chart:
Which one is correct trend line?
Look at the chart:
An uptrend has been established; according to the lesson, at which entry could you be justified in going long?
Look at the chart:
Labeled are two different short entry points, following a break of the trend line. According to the lesson, which of the two could be considered more conservative?
Look at the chart:
You have entered long at the entry marked 1. What would be the most suitable position for your stop loss?