The price movement between two horizontal levels as in Fig. 35 forms a horizontal price movement channel.
Channels can also be inclined, which also allows us to build a number of interesting trading strategies. Let ‘s show with examples.
![](https://mymagiclife.ru/wp-content/uploads/pic2-6-5-2-1024x350.png)
Fig.39. The inclined channel for VTB JSC shares.
![](https://mymagiclife.ru/wp-content/uploads/2022/12/pic2-6-6-1024x349.png)
Рис.40. Наклонный канал на акции «Yandex».