Trend Line Bounce - Upwards Trendline Bounce and Downwards Trendline Bounce Example
Technical Analysis Methods of Trend-Lines
The trendline bounce is a continuation signal where price bounces off this trend line to continue moving in same direction as that of the trend.
Trend Line Bounce Technical Analysis in Up Trend
- In an upwards move, the price will bounce upward after hitting this upwards trend line level which is the support level.
Upwards Trend - Trend Line Bounce after Touching Support Areas Provided by Upward Trend Line
Upwards Trend - Trend Line Bounce Analysis of Support Levels Provided by the Upwards Trend Line
Trend Line Bounce Analysis in Down Trend
- In a downwards move, the market will bounce downward after hitting this level which is the resistance level.
Forex Downwards Trend - Trend Line Bounce after Touching The Resistance Areas Provided by the Downwards Trend Line
Downward Trend - Trend Line Bounce Technical Analysis of Resistance Levels Provided by the Downwards Trend Line
