Forex Trading Signal And Strategies
Link : Forex trading signal and strategies Trend lines are one of the most common forms of technical analysis. But are you drawing them correctly? If not, let me show you how. There’s a vast array of different forms of technical analysis used to analyze the markets. And by far, the most common form used is that of support and resistance. Before we get started, you can also watch my YouTube video where I explain how to correctly draw trend lines in Forex: What are Trend Lines? A trend line is a line drawn between two levels on a chart to express either support or resistance, depending on the direction of the trend. The more times price respects a particular trend line, the more significant that trendline becomes. Based on these trend lines we can easily recognise potential areas of increased supply and demand that can contribute to a downward or upward pattern in the market. How to draw Trend Lines? I’ve found over the years of trading and teaching that there’s a lot of confu...