Trend lines

 

To determine support and resistance levels that correspond to the trend lines you’ve drawn, you simply need to place the cursor of your charting system on the trend line at the current time period. your charting system should display the price value of the cursor placement on the right side of the chart; if not, you may have to use the cross hairs tool of the charting system to see the value. Keep in mind that trend-line price values will shift over time based on the slope of the trend line. If you’ve identified a trend line that’s loping steeply higher, for instance, its price value will be higher in later periods. You can run the cursor up the trend line and note the price level and time interval to gauge how much it will change over ti