Showing how to create a channel and duplicating it to find areas of future support and resistance.
Look for 2 obvious long wicked candles; connect them via a channel, resize the channel to see how it might fit in with previous support/resistance, clone it and stack them(either on top or bottom). I find its more accurate than a pitchfork.
Channeling or drawing trendlines don't always need to be from one low point to another, or from one high point to another. Think outside the box. No pun intended ;)
Look for 2 obvious long wicked candles; connect them via a channel, resize the channel to see how it might fit in with previous support/resistance, clone it and stack them(either on top or bottom). I find its more accurate than a pitchfork.
Channeling or drawing trendlines don't always need to be from one low point to another, or from one high point to another. Think outside the box. No pun intended ;)