Hi everyone
For long term chart period, a Weekly in this example, it is interesting to activate the Logarithmic price scale, the letter "L" at the bottom of the price scale.
On the right side chart, as the Logarithmic scale is activated (L highlighted), I have seen and traced a Channel.
Wowww!!! This a very interesting uptrending channel.
On the left side chart, "L" is not activated and the same chart doesn't show the channel as seen on the right side chart. So now, it is unusable.
But more, if I trace a yellow line at the same points as seen on the right side chat, surprise, it is not a Channel anymore, but it is a triangle...
Humm... :-)
Have fun.
For long term chart period, a Weekly in this example, it is interesting to activate the Logarithmic price scale, the letter "L" at the bottom of the price scale.
On the right side chart, as the Logarithmic scale is activated (L highlighted), I have seen and traced a Channel.
Wowww!!! This a very interesting uptrending channel.
On the left side chart, "L" is not activated and the same chart doesn't show the channel as seen on the right side chart. So now, it is unusable.
But more, if I trace a yellow line at the same points as seen on the right side chat, surprise, it is not a Channel anymore, but it is a triangle...
Humm... :-)
Have fun.
Wyn-Trader
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Wyn-Trader
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.