Reply to W3: Post #: 60504746
This is because you are using the highs to construct the trendline whereas I am using the body of the candles. I use the bodies (where possible) because I want to exclude the extremes of the price action (sentiment) which do not reflect the general feeling (and movement) of the market. I explained this in this post here: 60404151.
Using the highs and lows is also fine. It just results in a more conservative trendline which will identify a trend reversal at a later point.
QPM Chart, page-4195
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