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Question: Will we break the log trend channel?
surely - it is just a line - 4 (80%)
no - and this is what caused the correction - 0 (0%)
yes - but not so easily - it is an important trend line - 1 (20%)
Total Voters: 5

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Author Topic: Log trend channel  (Read 522 times)
zby (OP)
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November 18, 2013, 11:10:59 AM
 #1

There is a theory that there is a trend channel on the log chart. The upper border is here:


 and we are just about to break it.

I remember 2011 on the way down there was a similar trend line on the log chart but from the bottom and some people believed it was important one and the price broke it down with ease.
N12
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November 18, 2013, 11:13:16 AM
 #2

Already broken if you draw it finely.

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