Trend lines are universally used by almost all traders. They are a common place for all traders to begin their technical analysis. The problem is that a trader becomes too subjective in their trend line drawing. Many traders will draw on separate occasions two totally different trend lines based on the identical information, depending on his inclination each time, thus consistency and uniformity are totally lacking. Not all trend lines are correct, in the end only one is.
Supply and demand create price movement. Specifically, should supply exceed demand, price declines, conversely should demand exceed supply, price advances. This is the basic economic theory accepted by all traders that creates the market.
Mouteki trading shown of trend lines will be conducted of the four hour compression, by drawing the demand trend line uptrend and down trend line (an uptrend line is created when demand exceeds supply and downtrend line is created when supply exceed demand), then make 2 meeting point of the vertical and horizontal line to determine the price projections for downside or up target projection.
Supply and demand create price movement. Specifically, should supply exceed demand, price declines, conversely should demand exceed supply, price advances. This is the basic economic theory accepted by all traders that creates the market.
Mouteki trading shown of trend lines will be conducted of the four hour compression, by drawing the demand trend line uptrend and down trend line (an uptrend line is created when demand exceeds supply and downtrend line is created when supply exceed demand), then make 2 meeting point of the vertical and horizontal line to determine the price projections for downside or up target projection.
