Trendline Rules

• A channel is the more reliable the longer it exists. Hence, the “solidity” of very old channels (e.g. existing more than 1 year) decreased sharply.
• A channel is the more reliable the more is his width (“It takes time to break channel”).
• A steep channel is less reliable in compare to a gentle one.
• The resistance may be broken if it is bounced on the background of a growing volume (“It takes volume to break resistance”).
• The support may be broken independent on the volume (“under own weight”).