How Counter Trendlines and Parallel Channels Reveal Price Struct

The CT (Counter Trendline) as the prime technical feature. The red CT line distinctly marks recurring lower high rejections, shaping significant supply pockets and creating low-liquidity price zones at every inflection point.

Each touch validates the CT’s relevance, highlighting how price is repeatedly capped at these lower highs before reversing downward.

Overlaying this, a hidden parallel channel (dotted white lines) frames the swing movement. The channel not only encapsulates price but also serves as a running test of trend strength: each upper boundary touch confirms resistance, while bottoms act as support.

Notably, more hits at the upper parallel line than the base typically signal rising underlying bullish energy, especially when accompanied by the green trendline’s upward momentum.

No breakout, no prediction—just objective structure. The parallel channel and trendlines, when mapped carefully, elevate clarity on price balancers, guidance zones, and the ongoing duel between support and rejection.

Observe how these formations reveal crowd psychology and liquidity placement without forcing a directional view.