### Comment:
That’s my point, you can arbitrarily put lines where ever you want

### REPLY:
Well yeah you COULD hahah but the idea is to find decent levels of support/resistance or a channel or wedge or whatever the hell you’re looking for as a point of reference that other people might also be following. Gives you an idea of where others may consider buying/selling. TA is just for tracking market sentiment IMO.. obviously not perfect by any means but if you find a situation where it is holding true- ABUSE IT

### END.