How Do You Use Trend Line Technical Analysis in Trading?
How Do You Use Trend Line Technical Analysis in Forex?
Trend lines in Forex Trading are used to illustrate the resistance or support levels of price as the price moves upwards or downward as explained on the trend analysis trading examples below:
Upward Trend Lines Technical Analysis
Upwards Trend Series of Support Levels and Resistance Levels How Do You Use a Trendline in Trading
Trend Technical Analysis - Minor resistance and support levels of the price will quickly form a series of support levels and resistance levels in the short term & quickly move past these resistance and support points in an upwards trend direction as shown on the upwards trend example below.
Upwards Trading Trend: The upwards trend pattern of this minor resistance and support points will form a series of support and resistance levels whose general trend direction is upward.
Upwards Trend Series of Support and Resistance on a Chart
Downwards Trend Lines Technical Analysis
Down-wards Trend Series of Support Levels and Resistance Levels on Chart - How Do You Use a Trendline in Forex Trading
Trend Analysis - Minor support & resistance levels of the price will quickly form a series of support levels and resistance levels in the short term & quickly move past these support & resistance levels in a downward trend direction as shown on the trend example below.
Down-wards Trend: The downward trend pattern of this minor support & resistance points will form a sequence of areas whose general trend direction is downwards.
Down-wards Trend Series of Support & Resistance Areas on a Chart - How Do You Use a Trendline in Trading?
How Do You Use Trend Line Technical Analysis in Trading?