Yes. And I'm asking about the line that has an arrow at its end at the apex of the triangle. I thought you place the line on the peaks of the curve... I want to learn otherwise, how you selected the location of the line. Thank you.
No, the top line. It cuts through peaks and instead of touching the peaks of the price data. I'm wondering why? If its correct, can you explain how you know to place it not at the peaks? Sorry if I'm not being clear. I'm trying. I promise:)
Yes. And I'm asking about the line that has an arrow at its end at the apex of the triangle. I thought you place the line on the peaks of the curve... I want to learn otherwise, how you selected the location of the line. Thank you.
The bottom line? That's selected from a prior point of the price chart. Just extended. The main point is that is connecting the three recent bottoms.
No, the top line. It cuts through peaks and instead of touching the peaks of the price data. I'm wondering why? If its correct, can you explain how you know to place it not at the peaks? Sorry if I'm not being clear. I'm trying. I promise:)