I want to learn Trendlines, i have been gone through all the trendlines post and tutorials but still not convinced the way i'm drawed,
Please help me to know what is the rules to draw an uptrend line , downtrend and channel ,
For uptrend which is 2 points need to touched ?
close or open or high or low of the candle stick ?
For downtrend which is 2 points need to touched ?
close or open or high or low of the candle stick ?
Really appreciated your help !!!!
thanks in advance,
Regards
Narresh
Please help me to know what is the rules to draw an uptrend line , downtrend and channel ,
For uptrend which is 2 points need to touched ?
close or open or high or low of the candle stick ?
For downtrend which is 2 points need to touched ?
close or open or high or low of the candle stick ?
Really appreciated your help !!!!
thanks in advance,
Regards
Narresh