Price Channels are effective in creating support and resistance levels. Traders can create new trendlines based off of existing price channels. This can provides more trading opportunities with an ...

Whether you’re an artist, an architect, or carpenter, a T-square is an essential tool for your work arsenal. Like an upgraded straightedge, this drawing instrument helps you draw accurate, properly ...

Begin by drawing the main outline of the volcano. Draw a large triangle or cone shape in the center of your page. Make the ...

A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...

Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...

Horizontal lines run left to right, parallel to the horizon, with slope 0 and equation y = k. Vertical lines run top to bottom, perpendicular to the horizon, with undefined slope and equation x = k.

Higher - The gradients of two perpendicular lines will always multiply to make –1. Make sure you are familiar with finding the equation of a line and calculating gradient to understand equations of ...