Thanks low, I know what you're saying and I know what a black candle is, and I realize that this stuff isn't just a science but is also an art. I also get the purple & blue thing and I'm very comfortable nowadays (with special thanks to you) making such judgment calls on a chart eval... but, my main question is, why did you pretty much disregard the black candlestick?
Was it in order to get the look & feel you were perceiving from the chart... or was it another reason, such as a black candle not being very valid due to its nature and therefore you wanted your trendline to hit its closing price?
Or would you draw a line another time where you DO use the top of the black candle body instead of the bottom of it? See what I mean? Just wondering you had a reason re: black candle, or no and this completely falls under the "art" category?
I'm only talking about the 5/31 black candle as it relates to your upper downward trendline, nothing else. Since, if a person uses that top black candle body then suddenly the entry price would be around 14.50 instead of 14 which is a huge % difference.
Any advice on that, or is that trendline more of just a blue/purple thing and you had to cut through the "bottom" of the 5/31 candle to create the look-n-feel on the chart that you wanted? No other reason?
I know I'm being picky, but this is how some people learn... by hearing the specifics on a point that is vague ;-)
If it's just the "art" factor, then no other explanation is needed as I completely understand that (just reply with "art" if so, lol)
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