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the trend line continues to raise or lower -depending on new -highs or lows being created -
super -your trend line start is correct -but the flexible end need to be raised to reflect the center point split of the new high area-that being the 1/2 way height of the price difference between the 2 ma's -
yes devdas -your fexilble end is correct - if no new high is created the trend line will then fracture -showing weakness that the directional move is running out of steam
maybe -someone can give a few ideas of something they want to trade and to see if we can call the correct moves-give me some ideas -and wed(30)we will set it up and chart and trade it
also we will be off till next wed -will check tuesday evening to see if anyone gave any trade ideas -have a great holiday weekend
so, trend line start point = ma cross, end point = mid point between 2 MAs at the new high or new low since crossing point.
is this better? is this automate trend lines?