Lines may be essential in Photoshop documents, such as when you're setting up a page for executives to hand-write business statements or for employees to take notes at your next seminar. While drawing ...
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 ...
Lines which are parallel have the same gradient. For example, \(\text{y = 2x + 1}\) and \(\text{y = 2x - 2}\) will be parallel because they both have a gradient of 2. We want to determine if the lines ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
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.