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Price Channel - PC

The PRICE CHANNEL (PC) is a Technical Indicator.
The PRICE CHANNEL (PC) Indicator displays two lines, the upper line represents the highest price and the lower line represents the lowest price for a back time period interval. 
The PRICE CHANNEL (PC) Indicator's 20 period Daily Chart is one of the most used settings.
The PRICE CHANNEL (PC) Indicator lines can be used as Support and Resistance or often used as breakouts to generate trading signals.
Often Price Channel made out of a Trend Line and a parallel line(Channel Line) is named the same with the PRICE CHANNEL(PC) Indicator, but they are different thing.
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