Browse Stacks: Patterns: Trendlines: slopechart_$XBD.jpg

If either of those TLs were valid prior, why would they be removed after a breach, not to be kept as valid support? 12/26/20

Mainly because I am looking for where resistance is at someplace higher. They can be kept for future support, but 2 point trendlines I don't trust much. The upper turquoise looks more solid with 3 good bear fractal touches. As you can see from the chart, I have a habit of keeping old patterns myself :>) I would trust the horizontals more as far as old resistance becoming support, for example the red one around 310. 12/26/20