Mast prop test prop

Price channels can slope up (indicating bullish sentiment) or down (indicating bearish sentiment); they don’t have to simply go “sideways.” The important geometric characteristic is that the resistance lines (which are the opposite of support lines; they are the upper limits of the price channel) and support lines are parallel, as shown in this price channel for ChevronTexaco (CVX). The channel lines themselves are often based on multiday moving averages or logarithmic scales that reflect price movements in percentage terms . However, technical trading is as much an art as it is a science, and so one technical trader’s price channel might be different from another’s.

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Mast prop test prop

mast prop test prop

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