Would you say I drew this trend line the correct way?

[murray t turtle]

Yes, but in general trendlines perform better when we use them as support and resistance lines : to join an existing trend (on a pullback) or to fade a trading range (near the upper or lower level of the range).

For breakout techniques they work half the time, so confirmation is needed. If the breakout is real the position can sometimes deliver fantastic profits .

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They work better best on a better trend.
For example on how not to use them; my tulip time flatware looks great. BUT that is not designed for resale/LOL.
QQQ has been making good trends; but OCT can be wild/usually up. Dont know if they work on a company based off a fake 6 foot plastic mouse; many of whose customers used to fly.NOT a prediction...…………………………………………………………………………………………………………………….