How to find drop time and price using baseline
How to find drop time and price:
(A B = C) in a triangle based off of the ascending and descending trend lines.
(A) is the intersection of the price and ascending trend line (base ascending trend lineoff of previous bull flag pattern).
Using the location of (A) draw a strait line down to the descending trend line, draw a strait horizontal line and now we have our price level (B).
(D) location finds drop time, draw a strait line down from the intersection of the long term ascending trend line and future (right) side of triangle formation trend line (based off of previous repeating symmetrical down trend lines).
(A B = C) in a triangle based off of the ascending and descending trend lines.
(A) is the intersection of the price and ascending trend line (base ascending trend lineoff of previous bull flag pattern).
Using the location of (A) draw a strait line down to the descending trend line, draw a strait horizontal line and now we have our price level (B).
(D) location finds drop time, draw a strait line down from the intersection of the long term ascending trend line and future (right) side of triangle formation trend line (based off of previous repeating symmetrical down trend lines).
