Price Projection Technique During Trend Line Breakout Trading:
Step 1: Draw a TDTM 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.
Step 3: From the point of breakout, place the line you have projected on Step 2 to see the projected movement of the price.
4 thoughts on “Price Projection Technique During Trend Line Breakout Trading”
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Can I simply just say what a comfort to discover a person that really understands what they’re talking about over the internet.
You certainly realize how to bring a problem to light and
make it important. A lot more people ought to check this out and
understand this side of the story. I was surprised that you aren’t more popular because you surely have the gift.
Hi! Would you mind if I share your blog with my twitter group?
There’s a lot of folks that I think would really appreciate your content.
Please let me know. Cheers
Outstanding post however I was wondering if you could write a litte more on this subject?
I’d be very grateful if you could elaborate a little bit further.
Thank you!
Pretty nice post. I simply stumbled upon your weblog and wanted to say that I have really enjoyed browsing your weblog posts.
After all I will be subscribing to your rss feed and I’m hoping you write once more very soon!