Whether you’re an artist, an architect, or carpenter, a T-square is an essential tool for your work arsenal. Like an upgraded straightedge, this drawing instrument helps you draw accurate, properly ...
A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...
Price Channels are effective in creating support and resistance levels. Traders can create new trendlines based off of existing price channels. This can provides more trading opportunities with an ...
Horizontal lines run left to right, parallel to the horizon, with slope 0 and equation y = k. Vertical lines run top to bottom, perpendicular to the horizon, with undefined slope and equation x = k.
Higher - The gradients of two perpendicular lines will always multiply to make –1. Make sure you are familiar with finding the equation of a line and calculating gradient to understand equations of ...