Reply To: Major Trendline as Profit Target
Welcome! › Forums › Forex Breakthrough Academy Forum › Major Trendline as Profit Target › Reply To: Major Trendline as Profit Target
June 8, 2015 at 8:39 am
#1036

Keymaster
Hi Martin, looking good. Nice trade!
If you took a reading from the daily chart (the price at which the price action of the day would intersect the trendline) and plotted this as a horizontal line on your 15 min chart would the target come in close to your diagonal line? The changes in scaling from daily to 15 min can sometimes distort the position of diagonal lines left in place.