trend lines are a critical my methods of analysis. It appears you use many trading clues. I only have what i was mrntored to dountil that stinky sompany went into liquidation. once bitten and ready to give up. And, yes, they took my money of course.
@a.b, Six days ago you saw a potential sell. but the price has not changed much since then. On my chart ithe price could up or down. It's sitting in te middle of a channel heading upwards very slowly. It looks 50:50 to me. I follow Roker1 who explains his reasoning very well. He likes siMple too :-)
@a.b, I have just re-read my post to you. It sounded like crap; please accept my apologies and note I know zero pretty much about FOREX, that is why I am on here. Anyway, I invalidate my trend lines when the broken by the price line. That happens in the past and will happen in the future. When a trend line is broken (invalidated) its time to rethink and draw a new trend line.
I like it simple too - getting clues or gathering evidence same thing.