Re-place trend high/low over time
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!
2
1 comment
Dennis Pishik
2
Re-place trend high/low over time
InvestCEO with Kyle Henris
skool.com/investceo-with-kyle-henris-4723
Day Trading helped me create my dream lifestyle. This group is dedicated to help you do the same by giving you the roadmap that helped get me here.
Leaderboard (30-day)
Powered by