Price Channels are effective in creating support and resistance levels. Traders can create new trendlines based off of existing price channels. This can provides more trading opportunities with an ...

Discover how Andrews' Pitchfork helps traders identify trends, support, and resistance with three parallel trendlines. Learn ...

Parallel lines close parallel lines Lines which never meet and stay the same distance apart. Parallel lines are indicated by a pair of arrows. are two or more straight lines that remain the same ...