I’m just curious…how do you guys like to draw your trend lines when hunting for patterns? Do you include the tails or ignore them?
Sometimes, it’s really obvious there was a stop/loss hunt or artificial pump and I do more or less draw trend lines as those those didn’t happen when attempting to suss out a pattern. Other times, there’s nothing obvious happening like the example above, but the two wedges are quite a bit sharper convergence to apex. This got me wondering about what best practices are and other’s habits in this area.
Me personally, I work more often with bars than candlesticks, so tend to include the tails:
So tell me your habits with trendlines and reasoning!