[MalcolmSm1th]

May I add that if one looks at The Book at pages 132 and 133 (question 12) then the answer dismisses options A and C of the question for a number of reasons. One of these reasons is the steeper descending trendlines.

Now, there is one instance in the book where he's looking at a steep trendline, and that's in the chart 4-31, but that's of the market as a whole.

Throughout the whole of chaper 12 ('Refining The Buying Process') the head and shoulders and the double bottom examples all have a very flat and long trendline.

Hope that this helps. And, by the way, I fell for the same misunderstanding a few times myself. In every instance I regretted it.

- Malc