997 - New account

I remembered last time when reading Katherine Lim... can't really remember if its the correct name. She mentioned that it is very important to identify if it is a Range chart or Trending chart.

If you can identify it, maybe it gives you an idea how the chart might go. Below are 2 examples, one is a Trending chart, the other is a Range chart.

Range chart

Trending chart

I realized for Trending chart, it is harder to draw Support/Resistance line, as prices tend to mostly move in one direction, rather than bounce around.