DeanJenkins Posted August 29, 2022 Share Posted August 29, 2022 Yeah, the market is moving, down. Check out my latest analysis: Quote Link to comment
Guest Dave Tebo Posted September 10, 2022 Share Posted September 10, 2022 Hi Dean! I think you said to connect the Highs on downtrends, and the Lows on uptrends, but is there any significance to the straight line that connects the 4,5,6 lowest tails/bar on the downtrend in that chart? Quote Link to comment
DeanJenkins Posted September 14, 2022 Author Share Posted September 14, 2022 On 9/10/2022 at 10:56 AM, Guest Dave Tebo said: Hi Dean! I think you said to connect the Highs on downtrends, and the Lows on uptrends, but is there any significance to the straight line that connects the 4,5,6 lowest tails/bar on the downtrend in that chart? A straight line like that indicates a strong support area, where price has come down and reversed multiple times. Quote Link to comment
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