Do you like to use horizontal line markings to support and resistance? Or a trend line?

Do you like to use horizontal line markings to support and resistance? Or a trend line?

When trading, do you prefer to use horizontal lines to accurately determine support and resistance, or do you prefer to draw trend lines by connecting the high and low points of price fluctuations? The horizontal line can clearly show the price fluctuation range and provide traders with clear buying and selling signals, which are especially suitable for range trading;

The trend line can reveal the overall trend of the market. Trend lines are drawn more flexible and subjective than horizontal lines, as they depend on the high and low points of price fluctuations to be determined. But it is worth noting that the more times the trend line is touched, the effectiveness of its predictions may weaken accordingly. So, which method do you prefer? Looking forward to seeing your sharing and insights in the comment section!

Do you like to use horizontal lines to support and resistance? Or trend lines?



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