I'm glad this was brought up. I had planned to post in a similar vain this weekend. My question - how do the pros address uncertain trend-line projection from higher to lower time frames? Specifically, from dailies to say, a 5 minute chart?? Since they are faced with the same dilemma (and tools) as we are, I arrived at some tentative conclusions: 1) Whenever possible, drop down to the lowest trading fractal to identify your points for trend-line/channel drawing. For example, draw your 2 hourlies, 30 minutes and 15 mins all on a 5 minute chart. This maximizes projection accuracy, and utility (theoretically). 2) When#1 is not possible, trend-line projection from higher to lower fractals - by definition - will always be inaccurate. Therefore, consider a support or resistance "zone" or range to be valid in lieu of highly accurate projections and monitor market action in these zones. 3) What does the market dictate? Does the market dictate a S/R "zone" for bounces off a daily trend-line? Or does the market routinely obey the daily point regardless of its projected position on the lower fractal? Sometimes I consider all the above when making a trade. Often times, a wait-and-see approach is best when it comes to a major S/R test.. I think the Jackians will say volume is a great indicator for demarcation points. I trade forex so we don't have that luxury. That withstanding, Jack is my new hero. Comments welcome.