A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...
Lines which are parallel have the same gradient. For example, \(\text{y = 2x + 1}\) and \(\text{y = 2x - 2}\) will be parallel because they both have a gradient of 2. We want to determine if the lines ...
Begin by drawing the main outline of the volcano. Draw a large triangle or cone shape in the center of your page. Make the base wide and the top narrow. Keep the sides slightly curved rather than ...
Horizontal lines run left to right, parallel to the horizon, with slope 0 and equation y = k. Vertical lines run top to bottom, perpendicular to the horizon, with undefined slope and equation x = k.
Higher - The gradients of two perpendicular lines will always multiply to make –1. Make sure you are familiar with finding the equation of a line and calculating gradient to understand equations of ...