Projected Vertical Line

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Price Projection Technique During Trend Line Breakout Trading:

Step 1: Draw a TDTM trend line

TD Trend Line

Step 2: For a downward breakout, you should project a vertical line from the top of the highest candle within the trend line to the trend line. For an upward breakout, you should project a vertical line from the bottom of the lowest candle within the trend line to the trend line.

Projected Vertical Line

Step 3: From the point of breakout, place the line you have projected on Step 2 to see the projected movement of the price.

See below how the price moves after that

   
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