1. This was the starting point of a new bull trend.
2. This was a basic swing low. Ignore basic lows for the purpose
of drawing trend lines.
3. Pivot C became a valid low after the market rose above pivot
B. Connect the start point of the trend to this valid low C, and
extend the resulting line to the right. What you get is a bull
trend line.
Let’s take a look at a real chart example below in Figure 4-3.
The price swings are marked out in blue.
May 14, 2022 1.1K 1
