for your post: http://www.traderji.com/beginners-guide/98261-help-learning-ta-noobs.html#post1064629
Can anyone tell me how to draw a down trend line near to circle downfall, i cant see any pivots forming
You've drawn it correctly. While making TLs the angle from horizontal is very important. The TLs shouldnt be too steep or else it'll be more susceptible to whipsaws.
The leftmost TL is wrong because it doesn't reflect the PA correctly. Hence you need to re-draw it so as to contain the downward PA under the Down TL.
Can anyone tell me how to draw a down trend line near to circle downfall, i cant see any pivots forming
You've drawn it correctly. While making TLs the angle from horizontal is very important. The TLs shouldnt be too steep or else it'll be more susceptible to whipsaws.
The leftmost TL is wrong because it doesn't reflect the PA correctly. Hence you need to re-draw it so as to contain the downward PA under the Down TL.