Dear Imran: do you draw line using the closing prices or high to high & low to low ?
Wave-Trader
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@Mannnassser, i dont consider the highs and lows of the wicks mate. i need to see the patterns if i see patterns clearly by drawing trend line on wick that will be okey for me. so there is no specific rule.
Rhandrey
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Sorry to bother you, but can you tell me if you follow a rule to draw the trendline.
I'm worring about, if I put the wicks or just the close of the candle. but sometimes it's feeling.
Rhandrey
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@Rhandrey I maybe i'm wrong trying to be precise, should I thinkg about a region? istead of a point.
Wave-Trader
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@Rhandrey, you need to learn the patterns. Trend lines only tell us about patterns
Agreed @Wavetrader. There is also a valid bearish bat at this point. However, if price breaks 1.31000 I think it could reach 1.4100. Good one to watch:
BenGoswami
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Hi
BenGoswami
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Good one
thdehddns
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So, This chart is wrong... it is broken out 1.3136X.. Now, it is going down a little bit.. I am not sure.. if it is down or up.