Trend Continuation LinesEvery dashed green (indicating upward) or purple (indicating downward) trend line is linked to a horizontal Trend Continuation Line. This line implies that future prices are expected to meet this level, thereby reinforcing the continuation of the current trend.
Temporary Trend Shift in Trend Direction
When opposite-directed trendlines intersect, it typically signals a mere temporary shift in trend direction. As depicted in this graph, a temporary dip in the trend is showcased.
Box Retracement Levels
Dashed lines extending from boxes act as retracement levels in our trading system, with the size of the box indicating its significance. Larger boxes typically hold more importance than their smaller counterparts.
Box Target Levels
Darker Lines and boxes tend to be more significant than the lighter ones.