Hello again, everyone!
I'm doing some more practice of ideas from Step 3 on drawing Supply/Demand boxes with accompanying rend High/Low. Went back to 2022.
I noticed that I placed a trend low and kept going and going, but the candles never closed below that Trend Low, not until over 2 months later.
Lets say I've been moving Trend High on the daily, sometimes more than once, but my Trend Low is now 2 weeks old.
Is there a time frame during which I'd re-draw a more localized Trend High/Low, vs just waiting for prices to close outside of the Supply/Demand boxes? Does there come a point where drawing the trend high/low isn't something to worry about anymore?
Appreciate any insight you may have!