This assignment is done on the Daily Time Frame - NAS 100
Trendlines are drawn using the ray drawing tool.
They are drawn of 2 or more touched.
The Daily TF was used to get the main direction of the trend so that my trades will be taken based on the overall
trend and I will not counter-trend unless I am scalping.
I will use the trendline as one of my four confluences before I decide to place a trade
Trendlines are drawn using the ray drawing tool.
They are drawn of 2 or more touched.
The Daily TF was used to get the main direction of the trend so that my trades will be taken based on the overall
trend and I will not counter-trend unless I am scalping.
I will use the trendline as one of my four confluences before I decide to place a trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.