you expect another drop back to $50 first? how do you determine these trend lines, considering the price is often outside of them?
jy2tradez
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@MatthewFettig, This trend line is more on the arbitrary side but i try to line them up with where price is tested the most while taking account for failed break outs. Institutions paint the same trend lines as all retail investors and this makes it easy to wipe out trades, i.e., bull/bear traps