Reply To: Practical Exercise 7
Hi Stephen,
You have been busy 🙂
And you show a solid understanding of the concepts throughout your examples.
A quick tip for using trendlines: when you draw them on the daily chart, and then zoom in to intraday timeframes with the line left in place, the positioning can become distorted by the change in scale. I know it means a bit of fiddling around but one thing you can do is take a reading off the daily chart (where price would intersect the trendline) and plot that price on your intraday chart as a horizontal line.