Reply To: Exercise 3. Trendlines?
Attached are the daily charts for EURJPY, USDCAD, and GBPJPY.
To be honest, this is a topic I am struggling with at the moment. However, I need learn, so give it a go.
GBPJPY, is an interesting one. Hence the reason why I chose this. The high and low was created on the same day (8/5/15), and I drawn the trend line from the low of the trend to the low of the 8th May candle. I may have drawn this incorrect, but I feel it will be a good learning point for future situations like this.