Which is more significant? Trend line or support/resistance

[helpme_please]

Which is a more significant event in technical analysis? Breaking of sloping trendline or horizontal support/resistance line?

 

[Simples]

Depends.. What do you plan to do with it?

 

[helpme_please]

Depends.. What do you plan to do with it?

Using it as signal to buy.

 

[wrbtrader]

Depends on your trade strategy from entry to exit.

Simply, backtest both to determine which performs the best with your trade signal strategy.

 

[Redneck]

Which is more significant? Trend line or support/resistance


Love all these depends - reminds me of an incontinence commercial


Whatever price is doing - determines which is more significant = always.., and period


RN

 

[Sergio77]

S&R imo.

 

[TradeCat]

Support and resistance makes a trend line.

 

[lawrence-lugar]

Which is a more significant event in technical analysis? Breaking of sloping trendline or horizontal support/resistance line?

Trading is a rather complex thing...that's it's nearly impossible to give a black or white answer.
A trader should be able to answer his or her own questions, inevitably...all in due time

 

[Stockmarketmap]

It's all subjective ...

 

[speedo]

Support/Resistance comes in many forms. Among them are prior pivots, moving averages, Fibonacci clusters, Gann square-outs, Elliot wave structure, volatility bands and .....trend lines. Every market has it's own personality and you need to determine how and what it reacts to and develop and test a trade plan based on those observations.