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CUT -THROUGH TRENDLINES Cut-Through Trendlines use both pivot highs and pivots lows to construct a trendline. Use 2 points to construct the trendline. The result will be either a Rising or Ascending Cut-Through Trendline or a Falling or Descending Cut-Through Trendline. Previous price rejections either pivot highs or pivot lows create support and resistance zones. While price is above the trendline the trendline can serve as support. When price is below the trendline it can serve as resistance. Confluence of additional support and resistance criteria will add value to a trade entry as well as Fibonacci levels, floor trader pivots, market profile levels, indicators and more. Example of Falling or Descending Cut-Through Trendline: Monitoring a longer term time frame chart allows you so see the confluent support and resistance areas. This adds value to the trade. When I take these trades I often do not draw these lines. My eyes are continually scanning to look for them. When I see them ahead of time I give added focus when price approached that area.
Same day another example Descending Cut-Through Trendline
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miracles,
they are everywhere.............. 