Parallelism

Ignore the target on the chart (it’s just hookup), but please do study the parallel trendlines. I really think they are legitimate and backed up by price reactions. Some of these trendlines have the potential to be resistance or support levels, so it’s handy to keep track of them when price gets close to them to look for a breakdown or a breakup.
Chart PatternsTrend Analysis

Declinazione di responsabilità