If traders say: "A horizontal line has a higher probability than indicators."
What do they mean by horizontal line?
Is that:
- a de-mark line? (that you draw on your chart)
- main trendline (Moving Average)
- pivot point
- band (envelope, Bollinger, other band) ?
What does the horizontal line represent?
Is that:
- higher high or lower low only? Or also other areas/conditions?
What do they mean by horizontal line?
Is that:
- a de-mark line? (that you draw on your chart)
- main trendline (Moving Average)
- pivot point
- band (envelope, Bollinger, other band) ?
What does the horizontal line represent?
Is that:
- higher high or lower low only? Or also other areas/conditions?
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