UP TL= A line from the Lowest Low, upward and to the highest minor low point preceding the Highest High so that the line does not pass through prices in between these two points. Ray the line upwards past the highest High Point.
Paraphrasing TRADERVIC.
The reverse is true for DOWN TL
VERY EFFECTIVE FOR DETERMINING TREND REVERSALS
評論
DelorenFX
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I like this chart, I like this trend. Agreed. Waiting on a pull back before continuing bullish. Nice work